Airbnb: Correction still in play

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Airbnb: Correction still in playAirbnb, Inc.NASDAQ:ABNBMarketIntelAirbnb has continued to move in line with our expectations since our last update, steadily approaching support at $108.60. We anticipate that price will break below this level during the ongoing turquoise wave 3 and will not reclaim it during the subsequent wave 4 rebound. In wave 5, we expect another leg lower to ultimately complete the broader correction of beige wave II.