Gareth Soloway Is Cautious On ABNB, Bitcoin, But Sees Crude Oil Higher

"Airbnb (ABNB) is a sell short as it hit a major trendline of $146 today. That is a technical major resistance. For me, this is a pullback candidate. Airbnb (ABNB) had an amazing run, but it has done too far and too fast. Layoffs actually take time to process through the company. Tesla (TSLA) is one of my top shorts as price action is horrendous over the last day or so. Bitcoin is seeing a nice bounce, but the trend remains downward. However, I think that crude oil will go up according to its bull flag. Also, you have to look at natural gas as it has been beaten up," says Gareth Soloway.

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16 Feb 2023

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