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Airbnb Stock Analysis: Key Levels to Watch Ahead of Earnings Report

Chart & Data from IG

By Minipip
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Airbnb Stock Analysis: Key Levels to Watch Ahead of Earnings Report

Airbnb (NASDAQ: ABNB) is set to release its earnings report tomorrow, and investors are watching closely for a potential breakout. Currently, Airbnb shares are trading around $133.52, consolidating since October 2023. This prolonged consolidation suggests that an explosive price move could follow the earnings announcement—especially on the weekly chart timeframe.

Key Support and Resistance Levels for Airbnb Stock

As Airbnb approaches earnings, key technical levels are in focus:

  • Resistance: $140 (highlighted by the upper channel line)
  • Support: $125 (lower channel line)

A break above $140 could trigger further upside momentum, potentially pushing the stock toward $155. Conversely, if Airbnb falls below $125, it may test the next key support zone at $108-$112.

Market Sentiment & Technical Indicators

  • The lower trendline of the larger price channel has acted as strong support, indicating that buyers have recently stepped in.
  • Airbnb stock is currently down ~22% from its 2024 highs, meaning investors may see this as a buying opportunity.
  • The Stochastic indicator suggests bullish momentum, which could help cushion any near-term declines following earnings.

Will Airbnb Stock Breakout Post-Earnings?

With volatility likely after the earnings report, traders and investors should keep a close eye on breakout levels at $140 resistance and $125 support. A bullish move could send the stock to $155, while a bearish breakdown may lead to a retest of $108-$112.

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