Selling Puts on ABNB | Airbnb, Inc. | Quick Take

In this short [Selling Puts on ABNB | Airbnb, Inc. | Quick Take] video , BeachBum Trading takes a closer look at the stock for Airbnb, Inc. (ABNB). We discuss the resistance and support levels for the stock and explain that there may be opportunities for short-term traders looking to take advantage of the dip in the stock's value. We explain that the trend of the stock has been upward and that it is currently sitting in the middle of the channel. If there is a pull back in the stock, it could lead to a gap fill opportunity for traders. BeachBum Trading concludes that although there may be some short-term opportunities, we do not suggest investing too aggressively at this time.

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REFERENCES
Weekly Trading Game Plan Notes for 9/11 – 9/15/2023 - Part 2 https://docs.google.com/document/d/1ISifIY2ebEM5mIHahgtqSb8inINkEYtxogKd0XwRnAY/edit?usp=sharing

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#BeachBumTrading #Shorts #ABNB
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