I strongly believe MongoDB could be a good long term play, but I am waiting for reentry into the stock. The massive volume on the downside and lack of volume on any move higher as me believe this stock is coming back down. Continue to watch.
I've been following Under Armour for a while now. I don't like this stock long, but on a swing trade this might be a good play here based off how the stock breaks out of this wedge pattern. If it break above $14.50, I'd keep it with a target of about $16.20. Obviously, if the stock breaks out to the downside, I'd stay away.
