![MDB stock price forecast - MONGODB, INC - 8xinvest.com](https://8xinvest.com/wp-content/uploads/2023/03/MDB-stock-price-forecast-MONGODB-INC-8xinvest.com_.png)
Currently, the share price of MDB (MONGODB, INC) in the 1D chart is $219.89. In general, MDB stock price is in a retracement wave according to the 1W and monthly chart. The price structure is not tight but still above the weekly Bollinger trendline. Traders can expect a breakout of the price to move up to the nearest resistance level.
Trading idea: Investors can place buy orders at the current price range. Stop loss if the price closes below $190. Target took profits at the strong resistance area of $273-$278.