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American Stocks Analysis
May 29, 2024 5:49 AM

AirBNBs stock price (ABNB) rose in the intraday levels while trying to recoup some recent losses, while trying to vent off oversold saturation in the RSI with positive signals out of them, amid the dominance of the downward correctional trend in the short term, with negative pressure from the 50-day SMA.

Therefore we expect the stock to return lower and target the support of $141.20 anew, provided the resistance of $155.00 holds on.

Trend forecast: Likely Bearish

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