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arcarays
Jan 18, 2024 2:14 AM

Falling Channel on Channel 

NASDAQ:MDB1D
MongoDB, Inc.NASDAQ

Description

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NASDAQ:MDB is an Excellent example of falling channel, or bear channel
A channel on a channel.
Cool chart formation/
It is trending lower but when the downtrend resistance line breaks, that is a friendly or bullish sign.
Chart PatternsTechnical Indicators
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