ABNB - Setting up for a big run

19 ביוני 2023

• Trading above 600 DMA ++
  
• Golden cross pending. Price move to 160 in next few weeks, would make that happen.
  
• Inverse H&S pattern with the critical pivot line at 130.
  
• It will continue to ramp to 160. Quite a bit of selling to be absorbed until then. Next earnings are likely to start a fire to send this to 200.
  
• Bear case: Keeps selling below and breaches 115. Most likely will test ATL.
  
• No position yet, but I will go long next week once it backtests 130.
  

20 ביוני 2023

עסקה פעילה

Too a Starter position @ 125.18

23 ביוני 2023

עסקה פעילה

Added today at the open. Playing out as expected.

12 ביולי 2023

עסקה פעילה

Working as expected. Next target 144 and then 157