Potential ascending triangle forming on ABNB- will be watching closely for a breakout. - Bullish divergence on the RSI, buyers starting to step in - Bollinger Bands are squeezing - Potential for a double bottom around the 137 level
Expecting a double bottom before the bullish breakout?
jacobosiason7
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@ferasbawab, More than likely yes, that and/or a catalyst- regardless expecting a retracement to its lower support level prior to a breakout as the broader markets have been selling off. ABNB does have earnings on 8/12', personally am thinking they will beat estimates by a lot due to people starting to travel again.