Selling Pressure can be extened in the security upto 0.786 level if the stock is able to close below 0.786 level for 2 consecutive day we can witness Airbnb making new low.

Currently the security is trading below the FAST and SLOW EMA's indicating negative trend, well as a crossover is seen on the downside between EMA(21) & EMA(50) indicating negative trend.

MACD is trading below the signal line and histogram is still indicating momentum to contiinue on the downside.

ATR is trading near 5.38 expected volatility to increase if security is able to close and sustain below 103.20

Selling Pressure in the Security

May 24 2023