Overbought Readings Warn of ABNB Pullback at $136.82

Airbnb Inc (ABNB) traded flat at $136.82 on December 27.

Technical indicators paint a bullish picture:

• Moving Averages: Price trades above the 9-day EMA ($134.30) with a bullish stack. The 21-day EMA at $129.95 provides support.
• Momentum: RSI at 76.5 is in overbought territory, suggesting potential near-term exhaustion. MACD is bullish (4.38 vs signal 3.44).
• Volatility: Bollinger Band width at 21.2% indicates normal volatility.

While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.

Key levels to watch: Support at $114.64, Resistance at $141.84.