MDB looks terrible longterm. Traders may be able to earn a nice return trading the B-Wave bounce, but longterm buy and holders should stay FAR away.
Looking at the MDB MongoDB options chain ahead of earnings , I would buy the $250 strike price Calls with 2023-6-16 expiration date for about $23.60 premium. If the options turn out to be profitable Before the earnings release, I would sell at least 50%. Looking forward to read your opinion about it.
A better SQL. Solid earnings and fundamentals. Breaking out of downtrend after tight consolidation. LONG SWING
For MDB the structure is called an expanding triangle, its bearish with huge volatile swings. There is enough evidence to assume a break below 224.75 (blue box) will initiate a selloff to at least the yellow box (189-203 range) by next Friday 4/28. From that momentum it could complete downside target (red box) to as low as 175 before bouncing in early May....
NASDAQ:MDB Weekly timeframe * Using the disjoint channel tool, price has closed above the channel for 2 weeks in a row with big wicks, to me it's obvious it's going to $278.67 before anything, if anything Bull: A continuous close above $232, $278.67 is next Bear: A continuous close below $232, $190 is next
NASDAQ:MDB #MDB Looks interesting. Breaking above $243 would be bullish and could send the stock to $280 - $320 range. Downside risk is $200. Looking like ppl are bullish again on software and cloud companies.
Target 203 Needs to test 176 mid term before making higher highs, will see if this down momentum will cause continuation to 170s Look for small bounce in 203-208 range and then possibly 189 from there. If that fails it will continue to 170s
Looks like it wants to retest 350-380. It should stay above 195 on a weekly basis.
The PEAD projected a bullish outlook for $MDB after a negative over reaction following its earnings release placing the stock in drift C .
Price has formed a bearish flag. Is not confirmed yet but it could open with a gap down at any day and I don't want to jump in too late. I just opened short position and I'll wait.
Price just broke the bearish flag, we may see a retest that would be an opportunity to add to my short position.
As a programmer and investor, I was surprised to find out that MongoDB is public. I've used their services a lot, in summary; it's a great platform, great documentation for new users, easy setup and a large capacity for scalability. Their recent downturn can easily be explained from investors backing out of risky positions a.k.a tech stocks. I can easily see...
Initial Target is 256 by mid Feb. - After initial target expect pullback to test support around 237 by end of March 2023 - If 237 holds it will markup to 365, filling gap at 321 in the process - Bottom is in Yours Truly, Leaked Database P.S. Feed the Beast
This one has potential to be an extremely powerful move if we don't get some unexpected bearish shock after FOMC this week. Certainly worth a shot considering the weekly and daily trends are up here, and stop is rather tight just under $197.86 when upside is potentially up to $300 over time. Best of luck! Cheers, Ivan Labrie.
if u know what this software is for you should already be thinking to long. if we have a bull market or some type of "recovery" this one will pop. gl guys.
Initial charting of $MDB with a candle close above supply zone. Added what are the next levels we could hit if this trend continues.
this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
The PEAD projected a Bearish outlook for $MDB after a Positive over reaction following its earnings release placing the stock in drift B.