$ABNB trying to go higher again

$ABNB trying to go higher again


June 2023


Alex Cole

$ABNB is trying to climb out of its several month long correction.

Having failed in May, we see prices have rallied enough this time to cause GoNoGo Trend to paint aqua "Go" bars as price struggles to climb above the downward sloping resistance we see on the chart.  GoNoGo Oscillator broke above the zero line at the beginning of June and has stayed in positive territory since. If price can surpass the high from May 9th we can look for a price to challenge the February highs and potentially set a new higher high above $145.