vf_investment

ABNB - Cup And Handle

Long
NASDAQ:ABNB   Airbnb, Inc.
ABNB has had a long run to the downside primarily due to global economical reasons, and now seems to have a great run to the upside.

We can see that the chart has formed a Cup and Handle-pattern, and is now trying to retest its high of the handle.

We will wait for a breakout of the handle, to take our position with the expectation of a return of 26%.

More details are shown on the chart.

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