samblum_
Long

POSSIBLE 20% GAIN ON MDB- FOLLOW SETUP

NASDAQ:MDB   MONGODB INC
AS we can see, we may be getting a third wave rise after the retracement which would result in a price range between the 2 green horizontal lines- this could result in a +/- 20% ROI in a relatively short amount of time.

OF COURSE, this setup can *easily* be invalided because the company only recently IPO'd and wave analysis is hard, but this one is turning out to look good. I wouldn't enter to try and buy the third wave until we get a great validation entry on a short time frame or a catalyst that allows you to enter in a well timed fashion and favorable RR.

FOLLOW THIS FOR UPDATES! I will be updating as the market plays out.

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