ABNB Rejection of Double Top Neckline/W Bad News
10/14/2022 -- Joseph Gebbia, 10% Owner, Director, on October 13, 2022, sold 250,000 shares in Airbnb (ABNB) for $27,531,705.
Here is ABNB 4 HR chart. We have a big double top on the higher time frames. We broke that double top neckline we used for support and are now rejecting the double top neckline while setting up in a head and shoulders pattern on the smaller time frames. The move should take about 6-10 days to play out so give yourself time not investing advice. White zone and Low of year area for final TP. I'll be looking for this to start playing out next week.
https://www.tradingview.com/x/W1s0Pns5/
Here is ABNB 4 HR chart. We have a big double top on the higher time frames. We broke that double top neckline we used for support and are now rejecting the double top neckline while setting up in a head and shoulders pattern on the smaller time frames. The move should take about 6-10 days to play out so give yourself time not investing advice. White zone and Low of year area for final TP. I'll be looking for this to start playing out next week.
https://www.tradingview.com/x/W1s0Pns5/
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