Power Plays New Idea: MDB
February 5, 2024

By Scott Redler

Name: MongoDB

Ticker: MDB

Price: $434.00

Needs to Hold: $370 to $390

Price Objective 1: $525 to $550

Price Objective 2: N/A

MongoDB (MDB) has been in a 6-month channel.

And given the action in these types of software names, I believe it can resolve higher.

If MDB can close above $445, I believe it can hit the $525 to $550 area.


Scott Redler Positions Disclosure as of 2024-02-05 at 11.20.53 AM