MNDY – Your Bullseye Pick of the Week - Bullseye Pick of the Week
My Trade Details:
- MNDY Mar 17 2023 160 Call near $7
- Stop: Close below $145
- Target 1: $165
- Target 2: $180
Fueled by back-to-back strong earning results in the last two quarters, MNDY has been quietly becoming one of the top-performing stocks in the market over the last few months, as it has gained over 100% from the November lows.
MNDY just had a $20 pullback from the highs reached after the last earnings report. I am using that as an opportunity to enter the trade at a great price.
If I am wrong, I will use the recent lows around $145 as my stop if the stock closes below that level.
If things go my way, I think we will see MNDY trade up to $165 and possibly even $180 as my two upside targets.