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Is MNDY setting up for a drop? Fell Below 50 Day Moving Average shows up after crashing 6.07%
On Tuesday, November 4th, MNDY moved down 6.07% while volume shrunk to 0.7× the usual levels. Multiple bearish signals emerged — Fell Below 50 DMA and Stochastic Sell Signal — suggesting potential weakness ahead. Key support levels exist at 189.65, 186.64 & 181.15, with resistance at 198.15, 203.64 & 206.65.
Current SwingTradeBot Technical Rating of MNDY: D
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »