Keeping it short and simple. Temporarily removed all indicators, just trendlines and Support/Resistance.
Oversold, pushing upwards, will stabilize a little before the monthly close. Quick 20% is our goal here. For the meme lords: 39% Float Shorted.
Disclaimer: I personally am a non-believer of the company. BYND is an absolute shitshow + retarded management so far. Quick in and out. Manage your risks accordingly.
Trade closed: target reached
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closing majority of position here at 14.20 (15% up) Dont want to get greedy here.
Nice job..but the weekly says hold some long term. 789mil market cap as of this am. That’s a joke.
Mirage_NL
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@Chartguru1, thanks, I think I see what you are getting at, but got a chart supporting the claim? knowledge is power :) cheers
axisofadvance
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@Mirage_NL, @Chartguru1 Garbage in, garbage out. The financials are a steaming pile of absolute garbage. You can look at W and make a similar claim. Or worse yet, CVNA. Unless you're doing a quick in-and-out like Mirage did, you need to look at the fundamentals, and the fundamentals say: it's garbage.