Airbnb Inc - Daily

Online tourism around Europe has been higher than in the pre-pandemic period. Indicators are currently suggesting a neutral stance.

Online European tourism bookings have so far been higher then in the pre -pandemic period. From a technical perspective the shares of Airbnb rest at $108.91, support sits at $99.82 (red trendline). A break below this support level could see the shares plummet towards the major support at $86.76 (lower green trendline). Towards the upside, first resistance sits at $114.39 followed by further resistance at $118.26. If the stock breaks above the $118.26 resistance it may climb towards the $130 level (upper green trendline), as seen over recent months. MACD is neutral and RSI reads 46, overall suggesting a neutral position.