MongoDB, Inc. (MDB) inched higher in its latest intraday trading after previously pulling back from the key resistance at $370.00 the same level we had identified as a price target in earlier analyses. The stock found support at its 50-day simple moving average, which provided enough positive momentum to turn early-session losses into slight gains by the end of trading. It now appears ready to retest that resistance level, supported by the continued dominance of the short-term main uptrend.

Therefore, we expect the stock price to rise in the coming sessions, especially if it breaks above the $370.00 resistance level, targeting the next resistance at $432.00.

Todays price forecast: Bullish