0KKZ trade ideas
Trailing for a Short Set up-99 mil net earnings etc. Do your own diligence. Sim to the QURE idea. Exuberant pop, right shoulder..tasty gap below. Just moved below near neck support. Moved Below Lower Bollinger Band, Moved Below Lower Price Channel, P&F Double Bottom Breakout
MongoDB, Inc. (MDB)(NASDAQ) Buy Limit $135.11 >>> $138.74NASDAQ:MDB
MongoDB, Inc. (MDB)
Why MongoDB Stock Soared 44.8% in March:
What happened
Shares of MongoDB (NASDAQ: MDB) surged nearly 45% last month, according to data provided by S&P Global Market Intelligence, following the cloud database company's excellent fourth-quarter report.
So what
MongoDB's revenue rocketed 71% higher to $85.5 million, besting Wall Street's expectations of $74 million and representing an acceleration from the company's 57% growth in the third quarter. MongoDB's results were fueled by the torrid growth of its Atlas database-as-a-service offering, which saw sales explode higher by more than 400%.
"MongoDB Atlas, our fully managed global, multi-cloud database service, achieved a major milestone in the fourth quarter, surpassing $100 million in annualized revenue run rate less than three years from launch," CEO Dev Ittycheria said in a press release. "At approximately one-third of our revenue, MongoDB Atlas' tremendous growth highlights its compelling value to enable customers to focus on innovation and offload the operational burden of database management."
Looking ahead, MongoDB expects fiscal 2020 full-year revenue to rise 36% to 39% year over year to a range of $363 million to $371 million.
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Buy Limit 1 - $135.11
Buy Limit 2 - $134.27
Take Profit - $138.74
Stop Loss - $131.47
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Take Profit = +2.69%
Stop Loss = -2.69%
No one shorts Mdb and lives to tell it's tale.lol, honestly, I don't even dare to short mdb.
However if i were to start a position, it would be at $150 because the latest analyst pt was around $150s, and the RSi is just so high already, it's gotta reset a bit.
But if there's one stock that doesn't give a shit about the market condition, or spy. that would be MDB.
Literally the only stock to be buying the fucking dip.
Short at $150.
stoploss $151
take profit $147.
MTB: poised to correct. Ending diagonal close to completionIn line with the general market pending wave 2 pullback, this could be a good short.
Mongo DB Short Potential 19% in 27 daysMongo DB is bouncing off resistance on the 1 day chart. Potential to go long at breakout or short back down to support.
MDB - off 18% on AMZN news offering like data servicesMongo DB is off 18% this week due to Amazon making announcement they will offer similar cloud data services.
Watch for basing at 74 back up to $80 on fib retrace on next week. MACD showing blue crossover this week.
MDB
AMZN
High probability BREAKOUT!!!NASDAQ:MDB is showing a lot of strength. If it tests the resistance, pulls back and goes back up, just like drawn on the chart, then buy as a swing trade above 81.93, with a stop at 79.90; however, if the stock gaps up at the open or breaks through the resistance without any pullback, then I wouldn't chase it.
Please like and comment if you like my ideas. THANK YOU!!!
Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Favourite stocks: MDB, TWLO, ARWR, ANY, TLRY Best performing stocks in the bearish market. Best stocks for swing trade.
MDB: MongoDB - time to short, cover at 61, then go long againMongoDB seems to be channeling in an upward trend. It just bounced off of resistance and is heading back down to 61.
Successfully Stopped InWe can see that the support has been broken days ago and that there is still enough free space above the price so that it may be worth to open a new long position.
POSSIBLE 20% GAIN ON MDB- FOLLOW SETUPAS we can see, we may be getting a third wave rise after the retracement which would result in a price range between the 2 green horizontal lines- this could result in a +/- 20% ROI in a relatively short amount of time.
OF COURSE, this setup can *easily* be invalided because the company only recently IPO'd and wave analysis is hard, but this one is turning out to look good. I wouldn't enter to try and buy the third wave until we get a great validation entry on a short time frame or a catalyst that allows you to enter in a well timed fashion and favorable RR.
FOLLOW THIS FOR UPDATES! I will be updating as the market plays out.
