Verified InvestingPublished 2026-09-21
“Everything Is Ripping — Here's Where I'm Shorting It”
$MDBBearish
Shorting MongoDB is being considered via a counter-trend approach or by selling into the price bounce.
Looking at MongoDB, another software company, it bounced nicely off this trendline from this low pivot point on April 10, 2026. As the uptrend continues, I am considering two options: either take advantage of the price bounce back to the starting point, or take a counter-trend approach here at Verifying Investing.
Therefore, I am looking for the best levels to sell this stock short while it is rising.