The Long Investor
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$ABNB TOP 20
🕑 Added 2025-01-20 10:51:50 +0000 UTCBull channel formed now in the Buy Zone and the price finished at the 50 Day MA to end the week.
A break above the channel at $136 would also mean a test of the 200 Day MA next at $137, so flipping this level to support and the price is above the bullish channel, the 50 Day and the 200 Day MA so the trend would then be bullish
This would also align with our Wave 3 impulse wave which would complete at the 1.618 Fib at $189.
So holding above $137 is the buy signal.
