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.
הפקודה בוטלה
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.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.