Traaaderz

Opportunity for long on BYND

Long
Traaaderz Updated   
NASDAQ:BYND   Beyond Meat, Inc.
BYND moved a significant amount this morning based on news. It has however pulled back which is expected in a bearish bat pattern. It is also struggling to hold the 50 day MA. However, it is likely to attempt the previous high at 102 if continues its progress.
Comment:
After an incredible rally, BYND is back to the same level as Thursday's close indicating a possible start of a downtrend. However a bullish shark pattern has appeared making this a possible entry for long.
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