Air BnB follow the Yellow Fib Road Air BnB Printing a Fresh ATH Recently and now pulling back towards the .66 as per the chart ... Climbing up a Acending Channel Since its inception in December with healthy pullbacks along the way .
If this trend is to continue then we shall fall down to the 190 region before a move upwards to perhaps another ATH . Be aware of Earnings Numbers on the 25 Feb .
IN the meantime Thanks for stopping by and remember to have a plan in place before taking any trade . Like and follow is all i ask .. My Gratitude and thanks
Airbnb
AIRBNB is BULLISH 🚀🚀🚀Airbnb (ticker: $ABNB) is clearly in an ascending channel. It's BULLISH. My first target for this stock is around $230. LESSSGOOO!
Airbnb Q4 2020 Earnings Call -> FEBRUARY 25, 2021 02:00 PM PT investors.airbnb.com
You can always make money with stocks. It's never late! Don't FOMO!!
What's your opinion? Your comments are welcome.
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Take into account that fundamentals (news) supplement technical analysis . A trader does not use a crystal ball to predict the future (news and people's reactions). Additionally technical analysis is not an exact science. It involves a degree of subjectivity.
Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
AIRBNB (ABNB) - The Future of Travel AccomodationsThis is the future of the travel accommodation industry with very little competition, I am very Bullish on this stock.
Its a company I have used many times and also have been a host. I believe this stock can deliver very fruitfully once the pandemic really starts to fade away
Also remember that Airbnb now offers tourism experiences, when travel kicks off again this will be a massive space for tourism.
I however expect some volatility over the first few months of trading from this stock, it could go as low as half the current price, however if you wait until clearer signs of the world recovering from the coronavirus to add this to your portfolio then you just might be too late.
AIRBNBAirbnb raised $ 3.4 billion during its IPO at the end of 2020. Airbnb is a technology company that has brought home sharing in over 100,000 cities around the world.
During the pandemic, tourism came to a standstill, and companies like Airbnb were hit hardest, as all business is tied to travelers.
Due to world events, market participants no longer believed in Airbnb's IPO this year, but the company was able to.
At the moment, the price is moving above the middle of the ascending channel. The target is the line of resistance.
Best regards EXCAVO
My Christmas Present to You! $ABNB AIRBNBAs Airbnb comes to $151.1 and teases us with a breakout, I think it's important to watch these next days of price action.
We've broken out from $151.1, looking for a small bounce than a nice correction back to $151.1 to hold as support...
Merry Christmas & Happy New Year!
BUY & HOLD LONG
DCJ
Airbnb is nearly worth $100 billion. Wow.The market is in full bull market mode. There's a lot to suggest this, including the amount of money SPACs have made. Multiple expansion is also a major talking point and I will get to that further on in this post. But one thing is also very, very true. And that is the rise of stocks, like Airbnb, that are signaling market moments rarely seen in history.
Airbnb's market cap is nearing $100 billion.
Airbnb's CEO recently was on Bloomberg essentially saying how speechless he was at the valuation of Airbnb, especially when you consider he had a debt financing round at the start of the crisis at a *much* lower valuation.
The money is flowing.
The bull market is back.
Asset light companies are rising.
Platform stocks are booming.
Airbnb is a fantastic company. But even I am baffled at the $100 billion valuation. Especially on about $4 billion in revenue. This should make any investor or trader think.
For me, it means one thing: how much higher can we realistically go? There are tech companies currently trading at 50x sales and 100x earnings. The multiple expansion is remarkable. And so far there's no sign of it slowing down. Deep down, however, I think we all know there is a point, and there always is, where the return of your money becomes more important than the return on your money.
I have no position in Airbnb, but am using it as a barometer for the market! Have a great week everyone and thanks for reading.
TL;DR Airbnb at $100 billion is a remarkable thing. What does it say about market sentiment in general?