Cup & handle or bear pennant?

8 июн. 2021 г.

So here's my thing with Airbnb , I kept watching it all day. I noticed it spikes then it drops... are market makers slowly scaling or or shaking out the weak?
I believe Airbnb will hit close to 156 hopefully by July-August since covid restrictions are been lifted in many countries.
Right now WSB stocks are running the market , keep on watch or slowly scale it. I'm more of a two weeks- monthly type swing guy.
Good luck :-)

Scenario # 1
So far i see this is forming a bearish pennant on the 15min, with support at 144, if that support level fails, 141 major support.

Scenario # 2
It's forming a cup and handle pattern and wants to break out upward to 156

=Key Levels=

support a. 146
Support b. 144
support c. 141

Resistance a. 149.80
resistance b.150.89


I am not a financial advisor. Do not take as financial advice, ever.

Do your own research.

Consult a professional investment advisor before making any investment decisions! My ideas are for entertainment only!

9 июн. 2021 г.

Заметка

If you caught the short congrats to you :-)