What's next for MDB
It was positive that MDB didn't continue to fall after open on Friday, and it traded in a very narrow range all day. However, you don't know if that is because the Big Boys wanted to keep it at that price to close the month or options for the week.
Closing the day with a doji. I think at this point it can go either direction. We just have to wait to see what happens next week. so if the price closes above the high of the doji, then there is a chance to move up for a while, and if it closes below the lowest price of the doji, then watch out deep, deep price to come.
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Trading is a tough business! All my commentary are my personal opinion. Do not follow my trades. You will lose money!
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BL Moo : thanks
MonkeyGee OP BL Moo : appreciate your response. so many people just take and take but never give back. many thanks
SpaghettiMeatballs : I already bought the dip at 236. Any suggestions? How low do you expect it to fall?
MonkeyGee OP SpaghettiMeatballs : You have to ask the people that you follow. thx