Airbnb stock is now in the second band
This figure shows the weekly candle chart of Airbnb stock. The graph overlays the recent low points against the golden section. As shown in the figure, Airbnb stock is now in the second band after bottoming out, and it is likely to retreat below the 1.382 position of the golden section in the figure before starting up...
Airbnb Inc (ABNB) is flashing major buy signals as it came outside the 2022 Bear Cycle. Not only is it supported by the 1D MA50 (blue trend-line) on a Higher Lows trend-line, but is also past a 1D Golden Cross pattern.
Having broken above the Bear Cycle Lower Highs trend-line and successfully re-tested it as a Support, it almost filled the 0.5 Fibonacci...
