(chart self-explanatory / lines and connections have been averaged with step-line over log for higher precision)
Comment:
To assess a trend-line's forward trajectory with only one peak can be done by linking the peak's two highest candle bodies:
Comment:
T1 = 105 (and reversal)
Comment:
Careful with BYND, the stock broke downward through two support levels. Next week will decide if the stock can remain a strong-buy or not.
Careful with BYND, the stock broke downward through two support levels. Next week will decide if the stock can remain a strong-buy or not.
Comment:
Looks like the bottom is around 70. Watch out for a rebound soon.
Looks like the bottom is around 70. Watch out for a rebound soon.
Order cancelled:
Balance your trade or exit your long position in BYND, as the stock's creating consistent lower lows and broke pretty much all of the bullish indicators it had. I suggest waiting until it reaches $60.