$MDB is catching another target raise as Needham moves its price target to $430 from $400 and keeps a Buy rating.
The core thesis: MongoDB is becoming a more complete enterprise database platform, with Atlas feature investments gaining traction and helping customers replace separate tools inside modern software stacks.
@kulturdesken@JustMik58606607 You are right about Spain, in my country(Romania) the Spain attitude is heroic, however keep in mind that geographical context matters and Sweden and also my country are very close to Russia and that is why our countries have not so strong opinions anymore;
@mmonis@gbstocks Thank you for teaching us Monis.I want to ask you, based on your analysis, which short term timeframe do you think is more suitable?thank you for your answerπ
Chart I posted a while ago to professional list: Monthly Log scale, Since 1980 there have been 5 cycle lows (measured by the dip in the pink line). Current structure show we are at top of the cycle and it could take 16-24 months minimum before another cycle low develops.