Airbnb Inc - Daily

Airbnb is expected to report quarterly earnings of $1.44 a share on revenue of $2.84 billion. MACD is slightly negative and RSI reads 45.

Airbnb is expected to report quarterly earnings of $1.44 a share on revenue of $2.84 billion. From a technical perspective, the vacation rental company is currently trading at $110.63 a share. Towards the downside, support sits at $108.60 then at $106.65 then at $103.74. A break below the $103.74 support level could see the share price fall towards the major support at $99.72 (green oval). Towards the upside, resistance sits at $114.02 then at $117.48 then at $121.71 (red oval). A break above the red oval may see the stock climb towards the major resistance point at $129.33, which corresponds with the upper yellow trendline. Looking at the indicators, MACD is slightly negative and RSI reads 45.