NASDAQ:BYND   BEYOND MEAT INC
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!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out