Airbnb, Inc.
Panjang

$ABNB (Potential Bullish Reversal)

132
Aug 8, 2024: EOD price $114.63

- Monthly: the stock price has fallen 18%
- Weekly: price retraced to fib 61.8% (bullish range: 12/28/22 - 03/21/23)
- Daily: RSI is under 24, MACD is still red to the downside
- 4hr, MACD is curling up (same with RSI); inside candle, above open at $113.98

In call options: ABNB $118c exp 8/16/2024 @ $1.14.
Delta: 30 | Gamma: 6.7 | Theta: -12.69 | Vega: 5.88

Entry: $114.51
Target Price (TP): $119.99 (50%+ on contract)
Stop Loss: $113 (50-60% on contract)


Reward-to-Reward: 3.42-to-1 ratio

Next Steps:
- Monitor trade tomorrow, Friday, Aug 9
- Monitor /ES & /NQ to ensure price doesn't reverse on me drastically
- Keep TP and Stop Loss

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.