MDB trade ideas
MDB target 1200+ long term ( short term can fall sharply) MDB target 1200+ long term ( short term can fall sharply) NASDAQ:MDB
Double top breakdownMDB hit resistance at 465 for the second time completing a double top. Broke below 200 day MA with relative ease and now acting as difficult resistance. Also, volume POC keeping it below 432 which shows crucial weakness not being able to reclaim it. That being said, I can see 385 being hit by next week and might see crucial decision at 345 after that.
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 with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $MDB after a Positive Under reaction following its earnings release placing the stock in drift A.
MDB - breakout Strong last 3 days with a push above key pivot level of 345 with 8% gain yesterday - currently testing trendline resistance but expecting move higher here towards 390 area - following that would like to see some consolidation before next leg up above 400 and 463 next
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.
$MDB Trendline BreakI don't trade trendline breakouts as they are more failure prone. Once a trend line breaks, It gets on my list for a potential cheat formation post trendline break.
$MDB is such a stock on my list.
I've posted 3 setups on my feed for $MDB before (green arrows on chart)
MonoDB USASun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
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.
NASDAQ:MDB Potential short opportunityHi Guys , Here is my analysis on MDB
what im seeing here is a rising wedge pattern , which is telling us the buyer is slowing down ,
volume of buying is decreasing then as we can see there is a multiple wicks rejection on the resistance above ,
and it shows price failed to break above 517-520 ,
what im waiting for right now is ,
to wait price to break below 500 then we can look for our short position ,
let me know what you think about my analysis ,
Give it a thumbs up or comment if you like this idea !
$MDB Potential EntryI've been watching $MDB for a low risk entry to get into this strong Database name.
Cleared a nice shelf on the 13th and pulled back quietly last 2 days.
Would love for it to "hang around" for couple more days and kicks back on (orange bars).
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..
MDB Lower timeframe strong stock entryHere is another example of using the 7 ema on a 3 hour timeframe
MDB - Short This significant gapping up is completely unjustified so a correction to this seems reasonable, with 3 tps in place.
MongoDB: a nice technical setupmongod has a nice inv. h&s. nice and deep base. of course, if tech rolls over again, mongo will not be immune.
Episodic Pivot MDBThe stock gapped up over 10% on high volume and an earnings surprise. Buy at the 5 minute opening range breakout with a stop at the lows of the day.
$MDB Cup with Handle Re-Test$MDB has been a strong stock and looks to have formed a bit of deep cup w/handle formation. After it's break of the handle down trend it looks like it may be resting or re-testing that beak-out area. I have made notes on the chart of things that are important to me. The real proper entry is when it breaks above the high of the cup formation. I like early entries but missed this one. It looks to be setting up again. Ideally, I'd like this to pullback in to test the lows of the handle, maybe even undercut then start it's move back up. Alternately, if it can move over the short term down trend line with some volume I'm also interested in the trade. It is currently above all moving averages which is bullish to me. I bring it to your attention because I have put it on my watch list and you may like it too. Ideas, not investing / trading advice. We have about 25 days until earnings. Please confirm this on your own.
From earningswhispers.com:
Mongodb Inc Cl A Beats
Mongodb Inc Cl A (MDB) reported a 1st Quarter April 2021 loss of $0.25 per share on revenue of $181.6 million. The consensus estimate was a loss of $0.37 per share on revenue of $170.0 million. The Earnings Whisper number was for a loss of $0.30 per share. Revenue grew 39.4% on a year-over-year basis.
The company said it expects a second quarter non-GAAP loss of $0.43 to $0.40 per share on revenue of $180.0 million to $183.0 million. The current consensus estimate is a loss of $0.33 per share on revenue of $181.01 million for the quarter ending July 31, 2021. The company said it expects fiscal a 2022 non-GAAP loss of $1.38 to $1.25 per share on revenue of $771.0 million to $784.0 million. The company's previous guidance was a loss of $1.55 to $1.39 per share on revenue of $745.0 million to $765.0 million and the current consensus estimate is a loss of $1.43 per share on revenue of $764.65 million for the year ending January 31, 2022.
