Looks to me like BYND is forming some sort of pennant today.
I think it moves big on Monday, could be worth playing a spread or maybe a protected long position. The top is probably in for the day so you might as well wait until right before close to make a decision.
I'm leaning bullish based on daily chart patterns but it looks like a lot of people who bought the past month are selling at $71 and bailing. That was the resistance for the past month. i still think it's a garbage stock though, a mashed pea recipe is not worth $4.5B.
I think it moves big on Monday, could be worth playing a spread or maybe a protected long position. The top is probably in for the day so you might as well wait until right before close to make a decision.
I'm leaning bullish based on daily chart patterns but it looks like a lot of people who bought the past month are selling at $71 and bailing. That was the resistance for the past month. i still think it's a garbage stock though, a mashed pea recipe is not worth $4.5B.
Ordre annulé
If the PoS can't even make a proper pennant then I don't want any part of it.If a stock isn;t acting the way you expect then don;t trade it.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.