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MDB

MongoDB MDB looking STRONGER than most.I'm really liking the setups on this chart; I had a brief worry after closing yesterday and getting the pullback in the SPX and the overall Bearish thesis caused briefly by Amazon and Google and Microsoft selling off after hours. Also, I couldn't help being slightly worried by the small gap in the chart. However, that gap was filled and bought back up in a really healthy and systematic manner this morning and IMO setting this stock up to possibly outperform many others during this giant squeeze that's fueling the markets. I'll post later the higher time frame look at this and it gets rather BULLISH looking.
NASDAQ:MDB
by rarebreed29
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:MDBLong
by TopgOptions
US Stock In Play: $MDB (MongoDB Inc)$MDB broken out of a double bottom chart pattern from $325, general trend resumption price action behavior, rallying +17.36% within a week. $MDB is currently close at $380, its 3 months high. With $MDB current implied volatility remaining 40% away from its peak of $26/day that was set in March 2021, $MDB remains in traction to recapture its all time high of $428 at its current price action momentum that is defying general market weaknesses. $MDB provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It also provides professional services, such as consulting and training.
NASDAQ:MDBLong
by jfsrevg
$MDB LongOppenheimer analyst Ittai Kidron assigned a Buy rating to MongoDB (MDB – Research Report) yesterday and set a price target of $275.00. The company’s shares closed last Wednesday at $239.53, close to its 52-week high of $254.76. Piper Sandler analyst Brent Bracelin raised the firm's price target on MongoDB to $310 from $226 and keeps an Overweight rating on the shares. The company posted another strong quarter marked by an $11.5M sales beat and record customer adds, Bracelin tells investors in a research note. Improving demand fundamentals could partially offset tough second half comparisons and macro headwinds, says the analyst.
NASDAQ:MDBLong
by jake66
MongoDB short setup on right angle desc. broadening wedgeApparently, this is a bullish pattern and breaks up 63% of the time per Bulkowski. Measured the time and price % change from peak to trough ping pongs in this wedge, price is inherently unstable and is accelerating between ranges. Wedge resistance is $180. * 115 days to drop 39% * 142 days to rise 62% back to wedge resistance * 26 days to drop 48.5% to wedge support * 52 days to rise 91% to wedge resistance $180
NASDAQ:MDBShort
by PontusTrader