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Analysis: #NASDAQ: #BYND
Case 26 #Beyond Meat, Inc
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Thread 👇👇👇
BYND 1/5
Case 26 #Beyond Meat, Inc
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Thread 👇👇👇
BYND 1/5
Beyond Meat is a very young stock with little information. Most upside moves are quickly met with strong selling pressure. Caution should be applied whilst trading it. A break/close below the all time low @ 45.00 targets 32.80 then further down $10.00.
BYND 2/5
BYND 2/5
Chart 1
Daily Chart: Multiple resistances can be seen all the way up. A unfilled gap 97.85-85.61 has just formed and once filled price should eventually continue to trend lower.
BYND 3/5
Daily Chart: Multiple resistances can be seen all the way up. A unfilled gap 97.85-85.61 has just formed and once filled price should eventually continue to trend lower.
BYND 3/5
