Airbnbs stock (ABNB) fell in the intraday levels amid negative signals from the RSI while seeking a bottom to bounce it higher, amid the dominance of the main upward trend in the medium term, while trading alongside the secondary short-term trend line, with positive pressure from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of $170.00 anew, provided the support of $154.95 holds on.
Trend forecast: Likely Bullish