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ABNB AVWAP analysis

The_Last_Gentlemanの投稿
Bullish observations:
  • The cyan line, the AVWAP from the recent ~$145 high candle was overtaken and now trending up
  • The pink line, the AVWAP from the all time high has been acting as support for ~10 days now
  • Possible cup and handle pattern forming?


Outlook:
  • Resistance at ~$139 is the AVWAP from the IPO and intersects with some of the dips in '21 and '22, and the previous high from this year.
  • If it breaks through $139 could be clear sailing to ~$175


Technical Indicators
The_Last_Gentleman

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