This post was just published on ZYX Buy Change Alert.
MongoDB (MDB) is long from $24. It is trading at $81.62 as of this writing. MDB produces a new generation of database software.
It is a very expensive stock. Recently reported earnings were below the whisper numbers. However after the earnings, Wall Street uniformly got behind this stock. The Wall Street sponsorship is pushing this stock to the moon.
What To Do Now
Since partial profits have already been booked, consider continuing to hold the stock if all ready in it. If you do not want to take additional risk, it makes sense to take more partial profits here. For tracking purposes, the remaining 15% full core position size will continue to be held.
Those not in MDB stock may consider waiting for a signal on the Real Time Feed.
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