Watch The Volume

The last update on ABNB, link here, attempted a short (ABNB-26-05) at the location shown.

That trade was stopped out the very next day as price action pushed to a new daily high.

Now, a second attempt (not advice, not a recommendation).

The difference from today’s downside action as opposed to last Thursday’s is the significant increase in volume.

If ABNB manages to push higher from here and make a new daily high, then it’s time to step aside (from a short perspective) until the action becomes more clear.

Stay Tuned

Charts by StockCharts

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The Danger Point®, trade mark: No. 6,505,279