TaPlot

$MNDY Failed Breakout Reset Setup

Long
NASDAQ:MNDY   monday.com Ltd.
MNDY also failed breakout reset setup.
Attempted to breakout on the 17th and failed back to its rising 50 MA.
OBV holding close to is recent highs and U/D holding above 2. Not much selling going on while this tries to build up energy for its next thrust higher.

✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel www.youtube.com/@taplot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.