When (MNDY) Moves Investors should Listen

November 29, 2024, 20:54 pm ET, BY Christie- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for MNDY

• Buy MNDY near 280.32 target 309.35 stop loss @ 279.51 Details

The technical summary data tells us to buy MNDY near 280.32 with an upside target of 309.35. This data also tells us to set a stop loss @ 279.51 to protect against excessive loss in case the stock begins to move against the trade. 280.32 is the first level of support below 285.36 , and by rule, any test of support is a buy signal. In this case, support 280.32 is being tested, a buy signal would exist.

• Short MNDY slightly under 309.35, target 280.32, stop loss @ 310.24 Details

The technical summary data is suggesting a short of MNDY as it gets near 309.35 with a downside target of 280.32. We should have a stop loss in place at 310.24though. 309.35 is the first level of resistance above 285.36, and by rule, any test of resistance is a short signal. In this case, if resistance 309.35 is being tested, a short signal would exist.

Swing Trading Plans for MNDY

• Buy MNDY slightly over 300.57, target 309.35, Stop Loss @ 299.7 Details

If 300.57 begins to break higher, the technical summary data tells us to buy MNDY just slightly over 300.57, with an upside target of 309.35. The data also tells us to set a stop loss @ 299.7 in case the stock turns against the trade. 300.57 is the first level of resistance above 285.36, and by rule, any break above resistance is a buy signal. In this case, 300.57, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MNDY slightly near 300.57, target 280.32, Stop Loss @ 301.44. Details

The technical summary data is suggesting a short of MNDY if it tests 300.57 with a downside target of 280.32. We should have a stop loss in place at 301.44 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 300.57, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for MNDY

• Buy MNDY slightly over 285.75, target 300.57, Stop Loss @ 285.08 Details

If 285.75 begins to break higher, the technical summary data tells us to buy MNDY just slightly over 285.75, with an upside target of 300.57. The data also tells us to set a stop loss @ 285.08 in case the stock turns against the trade. 285.75 is the first level of resistance above 285.36, and by rule, any break above resistance is a buy signal. In this case, 285.75, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MNDY slightly near 285.75, target 280.32, Stop Loss @ 286.42. Details

The technical summary data is suggesting a short of MNDY if it tests 285.75 with a downside target of 280.32. We should have a stop loss in place at 286.42 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 285.75, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  Monday.com Ltd. (MNDY) available here: MNDY.

MNDY Ratings for November 29:

Term →	Near	Mid	Long
Rating	Strong	Weak	Strong
P1	0	0	249.67
P2	285.75	278.27	280.32
P3	300.93	300.57	309.35

AI Generated Signals for MNDY

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How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Monday.com Ltd. (NASDAQ: MNDY) report below is a real world example. Included are trading plans for MNDY, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.