Posted 3/21/2024, 10:15:00 PM
Language App Duolingo and Travel Site Airbnb Show Promise Amid Tech Stock Uncertainty
- Duolingo stock bouncing off support, nearing potential buy point at cup-with-handle entry of $241.86
- Airbnb stock showing bullish inverted head-and-shoulders pattern during recent consolidation
- Names like Duolingo and Airbnb provide shelter if tech leaders see relative weakness
- Market breadth remains fairly strong despite some momentum divergences in growth stocks
- Leadership rotation to non-tech areas like industrials and materials if tech takes a break