jaxdog

$MDB Ready to Rise?

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NASDAQ:MDB   MongoDB, Inc.
MDB This one is high on my watchlist. If it can bounce off the upper downtrend line it will look to me to be a successful re-test of the breakout on Monday, Jan 22, 2024. This would coincide with a bounce off the 50 DMA area (red line). This area provides a well-defined risk reward area for me.

One to consider if it fits your trading style. Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
Dagangan aktif:
Started a 1/3 sized position here as the MACD gives me a cross over. Stop just below low of day. Let's see what happens.

Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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