Stock Of The Day: Oversold Airbnb Shares Might Bounce As Volume Hints At Possible Rally
Airbnb(ABNB) Benzinga·2024-08-09 19:03
Shares of Airbnb, Inc. ABNB are oversold and at a price level that was previously support. The stock also has had a huge amount of trading volume over the past few days.These three dynamics mean there's a good chance the shares are about to recover and rally. Because of this, our team of trading experts has made it our Stock of the Day.The term “oversold” refers to a stock’s momentum. Momentum measures how far a price has moved in a given period.Stocks spend most of their time within their typical or averag ...