froglegs42

$MNDY Long - Double Bottom Breakout

Long
NASDAQ:MNDY   monday.com Ltd.
A Double Bottom was confirmed and this pattern tells us that the price seems to have reached a bottom after failing to break through a support level and ultimately rising higher in a sign of reversal to a new uptrend. The pattern formed over 116 hours and 45 minutes, which is a rough guide for how long it might take to reach the target price of 220.0 - 232.0.

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.