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Is MNDY poised for gains? Reversal New Highs Setup shows up after soaring 5.48%
MNDY posted a 5.48% gain on Tuesday, August 4th, accompanied by 0.6× normal trading volume. Multiple bullish signals emerged — Reversal New Highs Setup and 180 Bullish Setup — suggesting potential strength ahead. Key support levels exist at 89.24, 84.69 & 82.26, with resistance at 96.22, 98.65 & 103.2. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of MNDY: C
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