MONGODB INC DRN forum
MDB coming back to this, this has now turned around. Just goes to show one should secure profits.
Multiple outside day bar MDB in the Weekly chart from a previous Support level, Stochastics in the overbought - worth a try.
MDB in the Weekly chart from a previous Support level, Stochastics in the overbought - worth a try.
MDB I guess these guys aren’t BSers like at NVDA in calls they don’t say things like there is a trillion dollar future market for AI chips and we have 80% of it, imagine promising 800 billion in future revenue in the next 5-10 years, I knew ACME salesman that talked like thatMDB played a small call position on this , total bust as it stands now, even if this recovers worried about the IV it was kinda high if that dropped big time then no matter what happens it’s a loser, the puts will be in big trouble too this has some pretty drastic swings down from 60 to down 27 and back in at the high 30s if it settles in the high 20s the IV will really screw up bought puts and calls
MDB will wait for next candle and take entry.
MDB is going to $500. You pay a high price for high quality! Not selling a share for the next 12 months at least!