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MONGODB, INCMONGODB, INCMONGODB, INC

MONGODB, INC

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MDB trade ideas

$MDB Bet Paying OffMDB As shown in linked idea on MongoDB, it was sitting at a minimum 6:1 risk/reward ratio at open Monday. If you took that trade there, which I did at open, you're currently up around 6% after one day. Has broken out of inner resistance, now headed toward outer resistance at 153 area. If it is able to convincingly break that trendline, it is very possible for this thing to have an extended run as it has every other time it bouyed around the 125 MA. If so, the logarithmic channel top would end up being over 250 per share. I'm an owner of this strong growth stock. Happy hunting and GLTA!!
NASDAQ:MDBLong
by UnknownUnicorn1314136
Risk/Reward 6:1 Minimum in MDB Right NowMDB In my previous post (linked) I looked at the way MongoDB previously had reacted to tests of its 125 moving average over its short but super strong lifespan. This is a true growth stock, and is currently in a position to offer a minimum of 6:1 ratio on risk/reward from Friday's close. This is dependent on setting a stop loss below the current uptrend line and channel this stock has ridden on its rise, so around 134.50 should do. On breakout from the current inner resistance, MDB should have very little trouble running to at least its previous ATH 185ish, but just as easily may head all the way back up to the top of its channel near 250ish. RSI is on watch for breaking out of resistance line, and Klinger Oscillator is quickly heading towards bullish entry point when crossing zero line while crossed over bullish. I entered last week at 139.50 as a hold, with stop loss set for now. If it breaks out as I suspect it will, I will use a trail stop instead. If looking for short term gains, I suggest options after the breakout, either up or down. Happy hunting, and GLTA!!
NASDAQ:MDBLong
by UnknownUnicorn1314136
Q42018 was just a Short squeeze that bumped the stock higherQ42018 was a Short squeeze that bumped the stock higher 1) Way too much equity financing 2) Net loss Cash provided by financing activities during the year ended January 31, 2019 was $288.2 million primarily due to the issuance of the Notes, net of the Capped Calls and issuance costs, as well as proceeds from the exercise of stock options and issuance of common stock under the Employee Stock Purchase Plan. All about financing, ergo, the short squeeze. Despite issuance of stock, still a net loss, negative cash flow on operating activities. Can't rely on financing forever. IPO'd at 9mil shares, now at 52mil. On a weak economy, this presents a red flag. Added on my sell list.
NASDAQ:MDBShort
by UnknownUnicorn2993086
1
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. --- Buy Limit 1 - $135.11 Buy Limit 2 - $134.27 Take Profit - $138.74 Stop Loss - $131.47 ------ Take Profit = +2.69% Stop Loss = -2.69%
NASDAQ:MDBLong
by UnknownUnicorn285026