monday.com Ltd (MNDY) Faces Bearish Technical Trends Amid Strong Financials and Analyst Concerns
Analysis
monday.com Ltd (MNDY) is currently experiencing bearish technical signals with a potential head and shoulders pattern suggesting a drop to $70, despite solid financial fundamentals like 89.2% gross margins and a significant cash position. However, recent downward revisions in EPS estimates from analysts hint at challenges ahead.
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