The Long Investor
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$ABNB TOP 20
🕑 Added 2025-04-20 10:50:37 +0000 UTC$ABNB weekly chart here does not fill me with confidence, we have a death cross on the weekly MA's here too and although we got a test of the $100 level this month, we need to see more price action and strength before we can assume that support is now confirmed.
Travel and bookings have taken a hit, particularly in the US but $ABNB has exposure to every country and as a long term play I believe it is excellent, but let's wait for support here before building a position.
I have been using $ABNB a lot lately and their platform is great, they are improving and their position in this sector is strong.
Below $100 and a DCA strategy does make sense here.
Comments
Ty Axtell
Cap, what do you think of the cleaning fees, and ability to adjust prices after booking? I don’t see the advantage of ABNBs anymore compared to a hotel? I know their revenue continues to rise but maybe it’s just an issue in the states. The majority of my everyone I know have already started to rotate back to hotels.
