Chart of the Day: ABNB

Ben Watson provides technical insights into the travel & leisure stock Airbnb (ABNB). The company revealed plans for a "major announcement" on May 13 after its 1Q earnings beat analyst expectations. On the short-term chart, Ben's looking at resistance overhead at $119 then $124, with support around the $116 level. For a longer-term perspective, he points to the RSI diverging bullishly relative to a symmetrical triangle pattern centered around $124.

Morning Movers

02 May 2025

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