I'm focusing on the positive side of NASDAQ:BYND: 1) positive trials with QSRs, especially McDonald’s; 2) success of plant-based snacks/drinks with PepsiCo; 3) better-than-expected cost reduction, including improving manufacturing costs, which should reduce BYND’s cash burn rate going forward.
Trade closed: target reached
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BYND touched $19. It's time to wait for a pullback.