NASDAQ:ABNB - Nasdaq - US0090661010 - Common Stock - Currency: USD
Taking everything into account, ABNB scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ABNB was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, ABNB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 136.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 132.12, a Stop Loss order could be placed below this zone.
120.44
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
132.13
-4.47 (-3.27%)