Shorting potential for BYND . Overvauled IPO stock. Watching for break in trend. Entry will be after the re-test.
Trade closed: target reached: ENJOY
Great trade and call.

Re-entry not until 141.55 level tested, and if broken which I believe it will be, re-entry could be around 125.06.

Too many players coming along now in this industry. Contingent with the fact that BYND is not even "healthy" as per the ingredients, once their momentum wanes (as it is now) some of the bigger giants like Tyson will outlast them.

Heavily over-saturated market that will become supersaturated.

I believe there is potential this makes it all the way down to 99.70 but not straight-down.
+1 Reply
@zSplit, Thank you, solid points. Good luck!
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