#$abnb

[dragonflycap]

5 Trade Ideas for Monday: Airbnb, Expedia, Generac, LPL Financial and United Airlines

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Airbnb, $ABNB, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Expedia, $EXPE, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Generac, $GNRC, comes into the week pressing on resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

LPL Financial, $LPLA, comes into the week pushing through resistance. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…

United Airlines, $UAL, comes into the week pressing on resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Up Next: Bonus Idea                                                                                        

The Best

If you like what you see sign up for more ideas and deeper analysis using the Get Premium button above.   

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into the second week of earnings season, saw equity markets continued to show strength, holding and making new highs.

Elsewhere, look for Gold to continue to consolidate in its uptrend while Crude Oil drifts in consolidation. The US Dollar Index continues short term move to the downside at 3 year lows while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to consolidate the mini break higher while Emerging Markets continue their break to the upside.

The Volatility Index looks to continue in the normal range making life easier for equity markets to the upside. The charts of the SPY and QQQ are showing strength on both timeframes as they continue to print new all-time highs. The IWM continues to lag the moves in the SPY and QQQ in price but is looking stronger as it moves higher as well. Use this information as you prepare for the coming week and trad’em well

[dragonflycap]

5 Trade Ideas for Monday: Airbnb, Antero Resources, JP Morgan, Cheniere and Snowflake

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Airbnb, $ABNB, comes into the week breaking resistance. It has a RSI rising toward the midline with the MACD curling up to cross. Look for continuation to participate…

Antero Resources, $AR, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

JP Morgan, $JPM, comes into the week at resistance. It has a RSI rising near the midline with the MACD crossed up. Look for a push over resistance to participate…

Cheniere Energy, $LNG, comes into the week at resistance. It has a RSI over the midline with the MACD positive. Look for a move over resistance to participate…

Snowflake, $SNOW, comes into the week at resistance. It has a RSI rising near the midline with the MACD crossing up. Look for a push through resistance to participate…

[scottydd]

Airbnb Q3 2023 Summary (y/y):

GBV +17%

*$18.3B Total

N&E Booked +14%

*113M Total

*Cross-border +17%

Revenue +18%

Net Income +33%

*Marg. 47% (42)

FCF +26%

*Marg. 39% (33)

Repurchases $500M

[dragonflycap]

5 Trade Ideas for Monday: Airbnb, Adobe, Alaska Air, American Express and Phillips 66

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Airbnb, Ticker: $ABNB

Airbnb, $ABNB, comes into the week bouncing off the 20 day SMA. It has a RSI rising in the bullish zone with the MACD turning to cross up. Look for continuation to participate…..

Adobe, Ticker: $ADBE

Adobe, $ADBE, comes into the week printing a Doji Hammer reversal candle. The RSI is oversold with the MACD negative and falling. Look for a move higher to participate…..

Alaska Air, Ticker: $ALK

Alaska Air, $ALK, comes into the week moving over the 200 day SMA. It has a RSI rising in the bullish zone and a MACD positive and climbing. Look for continuation to participate…..

American Express, Ticker: $AXP

American Express, $AXP, comes into the week reversing from a short term pullback. The RSI is rising in the bullish zone with the MACD positive and turning higher. Look for continuation to participate…..

Phillips 66, Ticker: $PSX

Phillips 66, $PSX, comes into the week nearing resistance. It has a RSI rising into the bullish zone and a MACD about to turn positive. Look for a push over resistance to participate…..

If you like what you see sign up for more ideas and deeper analysis using this Get Premium link.  

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with only one quarter of the year remaining, saw equity markets staging their biggest pullbacks since the spring.

Elsewhere look for Gold to consolidate while Crude Oil consolidates in an uptrend. The US Dollar Index continues to trend higher while US Treasuries pullback. The Shanghai Composite looks to continue in consolidation while Emerging Markets trend lower but are at support.

The Volatility Index looks to at moderate levels making things more difficult for equities to improve. Their charts remain mixed with the SPY and QQQ strong with digestive pullbacks on the longer timeframe, but in downtrends on the shorter timeframe. The IWM remains in its long sideways consolidation. Use this information as you prepare for the coming week and trad’em well.