davidvid96

NASDAQ:MDB Potential short opportunity

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NASDAQ:MDB   MongoDB, Inc.
Hi 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 !

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