This post was just published on ZYX Buy Change Alert.
MongoDB (MDB) is long from $24. MongoDB stock is trading at $38.94 as of this writing. The company will report earnings after the close tomorrow. Earnings represent a risk both to the upside and to the downside. We had previously stated that it could go to $40.
It is simply prudent to book profits on one-half of the remaining position in the zone of $39 to $40.73 before the earnings.
Consider continuing to hold the remaining half.
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