0.00Open45.45Pre Close0 Volume24 Open Interest225.00Strike Price0.00Turnover96.17%IV4.40%PremiumJul 12, 2024Expiry Date34.05Intrinsic Value100Multiplier4DDays to Expiry11.40Extrinsic Value100Contract SizeAmericanOptions Type0.9151Delta0.0056Gamma7.39Leverage Ratio-0.4832Theta0.0248Rho6.76Eff Leverage0.0446Vega
MongoDB Stock Discussion
Before the AI revolution, you can trade successfully, either using technical or fundamentals. Now, none of that seems to matter. The AI is trading against the stacks. whichever side it heavier, it will squeeze the life out of it. It is so smart that you can see it squeeze both sides some time.
💾 Data (30%) | $Snowflake(SNOW.US)$ , $Palantir(PLTR.US)$ , $MongoDB(MDB.US)$ , $Datadog(DDOG.US)$ , $Confluent(CFLT.US)$
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☁️ Cloud (12%) | $Atlassian(TEAM.US)$ , ...
Stock is on the up trend. Once break 235, next hit point should be 242.
Chart looks good. On the rebound. Next hit point should be 227 followed by 235.
When the selling pressure is over, the stock will rebound fast and furious.
RSI is still below 30. Stock is still oversold and cheap to accumulate for longer term gains.
New low is not a good sign. Might see deeper correction to come.
Never follow a day trader to trade. U will lose your shirt and pant. This is gambling. Buy and hold longer term to reap higher profits. Don’t sell for peanut profit.
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