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Airbnb price seeks a bottom to bounce it higher - Forecast today - 04-04-2024
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Airbnb price seeks a bottom to bounce it higher - Forecast today - 04-04-2024
Apr 4, 2024 7:55 AM

Airbnbs stock (ABNB) fell in the intraday levels amid negative signals from the RSI while seeking a bottom to bounce it higher, amid the dominance of the main upward trend in the medium term, while trading alongside the secondary short-term trend line, with positive pressure from the 50-day SMA.

Therefore we expect the stock to return higher, targeting the resistance of $170.00 anew, provided the support of $154.95 holds on.

Trend forecast: Likely Bullish

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