I'm really liking the setups on this chart; I had a brief worry after closing yesterday and getting the pullback in the SPX and the overall Bearish thesis caused briefly by Amazon and Google and Microsoft selling off after hours. Also, I couldn't help being slightly worried by the small gap in the chart. However, that gap was filled and bought back up in a really...
alternative count..... more bullish count in the short term and the final c towards 121
bearish count towards 83 like previous count will provide the alternative count to this
Hello dear Traders, Here is my idea for #MDB Wait for daily close above the yellow trigger line (previous month high) to enter trade. We try to anticipate a 2-2 bullish reversal in the weekly chart Targets marked in the chart (black lines) Invalidation level marked with red line Good luck! ❤️Please feel free to ask any question in comments. I will try to answer...
The PEAD projected a Bullish outlook for $MDB after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
one possible count as double zig zag will post another count as a flat toward ATH
Buy MDB Long Call Filled @ $3.57 Buy Sep-16-22 Strike: $420 - 4.6 Limit to Open
MDB got rejected at 324 multiple times. this will be a big break. Can get to 340 if we breakout on volume. Options chain is pretty illiquid on this. So i am going with shares.
The PEAD projected a Bullish outlook for $MDB after a Positive Under reaction following its earnings release placing the stock in drift A.
Next leg down in progress here, volume has been slowly drying up as price action gets tight. Watching potential bounce into 303, or any bounce, to start entering short. Watching the 200 level to provide some short term support in the coming weeks.
As you see on the chart we will have a big probability of a downtrend.thanks.
MDB target 1200+ long term ( short term can fall sharply) NASDAQ:MDB
MDB hit resistance at 465 for the second time completing a double top. Broke below 200 day MA with relative ease and now acting as difficult resistance. Also, volume POC keeping it below 432 which shows crucial weakness not being able to reclaim it. That being said, I can see 385 being hit by next week and might see crucial decision at 345 after that.
MDB is Parabolic, this is the weekly chart A recovery from its current price point will likely take place as it did in the red rectangle before it Leading to continuation of the parabola Very bullish
The PEAD projected a Bullish outlook for $MDB after a Positive Under reaction following its earnings release placing the stock in drift A.
Strong last 3 days with a push above key pivot level of 345 with 8% gain yesterday - currently testing trendline resistance but expecting move higher here towards 390 area - following that would like to see some consolidation before next leg up above 400 and 463 next
See Chart - Should have completed a major wave 3 and looking for a pullback into the 295-330 region before any buyers step in.
MDB better hold 529, or it could go down at least 30 points