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just4tradin
Jan 16, 2024 11:00 PM

MDB - 3rd wave WIP Long

MongoDB, Inc.NASDAQ

Description

MDB is strong today despite the SPY pullback.
Strongest leg up, 3rd wave is in progress.
Once it breaks 450, can see 500 quick.

Target #1 450
Target #2 500
Target #3 560, after a pullback

Trade active

We break 440 this week, 474 and 500 would be quick.

Trade active

Interesting price action after hours. I guess we can see since action tomorrow.

Trade closed: target reached

Target 1 & Target 2 reached

Comment

This can base here now between 420-450.

Based on next earnings and broader market conditions, the final leg up can be there to final target 550-580

Trade closed: stop reached

Earnings mega dump !
Comments
SabahEquityResearch
Nice chart
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