MDB under big levelMDB 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.
MDB
MDB target 1200+ long term ( short term can fall sharply) MDB target 1200+ long term ( short term can fall sharply) NASDAQ:MDB
MDB ParabolicMDB 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
MDB - RIP!See Chart - Should have completed a major wave 3 and looking for a pullback into the 295-330 region before any buyers step in.
MONGO MONGO We have half formed bull flag made by earnings spike and limit buys around $ 485.50-80 looks like limit player.
Main resistance at $ 542.80 can give us opportunity to make decision to for future trade.
It's not financial advise.
Use S/L orders for each your trade.
MDB MongoDB revenue increased 50% YoYMongoDB's fiscal third-quarter revenue increased 50% year over year.
Revenue growth rate increasing from 39% growth in the first quarter of fiscal 2022 to 44% in fiscal Q2 and now 50% in fiscal Q3.
MongoDB's 50% revenue growth put total revenue for fiscal Q3 at $227 million.
This was far beyond analysts' average forecast for revenue of $205 million during the period. (fool.com)
With this growth rate and cloud-based database needed for the upcoming metaverses, i think MDB MongoDB can reach all time high by the end of the year.
MDB - Potential Bear Flag from which to gap-down to breakout lvlPotential bearflag here below the island (gap-up area).
Unprofitable company, interest rates rising steadily. Could be vulnerable here.
The options flow is also quite bearish..
US Stock In Play: $MDB (MongoDB Inc)$MDB broken out of a double bottom chart pattern from $325, general trend resumption price action behavior, rallying +17.36% within a week. $MDB is currently close at $380, its 3 months high.
With $MDB current implied volatility remaining 40% away from its peak of $26/day that was set in March 2021, $MDB remains in traction to recapture its all time high of $428 at its current price action momentum that is defying general market weaknesses.
$MDB provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It also provides professional services, such as consulting and training.
MDB Higher HighsMDB making upward channel higher-highs and higher-lows. The potential uptrend resistance target could be 289-290. Stoploss 242. PL 11:4
Dec 6-11 watchlist - AMD CHWY LULU MDB AMD on break out watch for all time highs. CHWY - ER tuesday after hours, the retail space has been killing ER's. LULU - Retail sector again, All the girls stuck at home buying more legings, lol. MDB - SaaS sector , dont hold thru earnings, play the run up. Also, Door dash ipo is wednesday. Good Luck!
MDB daily inside candle 11/6/2020set alerts on monday for the break on today's high/low to the target in that direction
#MDB $MDB
$MDB LongOppenheimer analyst Ittai Kidron assigned a Buy rating to MongoDB (MDB – Research Report) yesterday and set a price target of $275.00. The company’s shares closed last Wednesday at $239.53, close to its 52-week high of $254.76.
Piper Sandler analyst Brent Bracelin raised the firm's price target on MongoDB to $310 from $226 and keeps an Overweight rating on the shares. The company posted another strong quarter marked by an $11.5M sales beat and record customer adds, Bracelin tells investors in a research note. Improving demand fundamentals could partially offset tough second half comparisons and macro headwinds, says the analyst.
MDB BUY OR LONG , TARGET UP TO $325+MDB confirm pattern Flag at $ 235, current price $ 239 chance to buy with a pull back.
MDB buy : $239
MDB target : $325+
Stop loss : $225 or 6% .
Wish you a good deal !
Bouncing off 100 MASharp correction from the highs, expect a bounce from here into earnings as the rotation out of WFH stocks slows and earnings rolls around
MDB Bearish Crab ReversalMDB can see the massive Bullish Gartley(green),to perfection, that preceded this developing Crab Pattern... looking by Rule at the 1.618 AXA reversal on the Crab(red). High probability, no guarantee, sellers sitting at that D point by rule.
MONGODB $MDB triangle ascendingFor confirmation of triangle ascending, it needs to break above $198.23. Watch for RSI resistance as well.
If you find my charts useful, please leave me a "like"
thx
MongoDB short setup on right angle desc. broadening wedgeApparently, this is a bullish pattern and breaks up 63% of the time per Bulkowski.
Measured the time and price % change from peak to trough ping pongs in this wedge, price is inherently unstable and is accelerating between ranges.
Wedge resistance is $180.
* 115 days to drop 39%
* 142 days to rise 62% back to wedge resistance
* 26 days to drop 48.5% to wedge support
* 52 days to rise 91% to wedge resistance $180
MDB loosing out on steam, watch out for temp pullbackMDB loosing out on steam, watch out for a temporary pullback
MongoDB is pulling back! $MDBIt is pulling back after several attempt to Fib 0.786. $148.66 is a strong support.
MDB strong support at 138.39, keep watching this levelMDB strong support at 138.39, if breaks next target is 134.5
MDB: Daily chart signal, good entry into a huge monthly trendI like $MDB here, offers low risk, and tremendous upside if the market indeed bottomed. Over time it may reach as high as $271 per share, currently trading at 153.85. Risk is a fall under $140, so reward to risk is quite good for us here.
I'll be looking at entering after the market opens, at the best possible time. Stay tuned...
Cheers,
Ivan Labrie.
