Technical Analysis: Airbnb Could Be Planning a Trip North as ‘Golden Cross’ Looms


Like millions of Americans, Airbnb has been cooped up for a long time. But now the room-sharing stock could be planning a trip north.

The first pattern on today’s chart is the 50-day moving average climbing toward the 200-day moving average. At its current pace, a “golden cross” could take place within a week. That may suggest that the longer-term trend is turning positive. The 8-day exponential moving average has also …

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Airbnb (ABNB), daily chart with selected patterns and indicators, courtesy of TradingView.
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