MDB Faces Resistance as EMAs Turn Bearish
MongoDB Inc (MDB) closed up 2.34% at $312.51 on February 25.
From a technical standpoint, the outlook appears bearish:
Despite the bearish EMA structure, oversold RSI suggests patient buyers may find opportunity near $305.47.
Traders are watching $305.47 on the downside and $410.12 on the upside.