$MDB
Added 2024-12-31 12:35:52 +0000 UTCWedbush have added Mongo as one of their Top stocks to watch for 2025.
I like how the structure is not at ATH's and we have it completing its ABC correction this year but right now the set up is not there to add.
We will need to see how the price behaves when it tests the 0.78 Fib level again at $215.
If there is a second hold here for a double bottom, then we can consider that a reversal is on next and $MDB could be positioned very well for 2025.
Fundamentals are not great right now, so this will not be in my Top 10 list for 2025 but it is worth keeping an eye on at $215 for support.
We should be focusing on companies that are not in Wave 5 right now for 2025.
