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Jimmy205
Jul 12, 2021 9:16 AM

BYND $110 target late July Short

Beyond Meat, Inc.NASDAQ

Description

BYND $110 target late July, but inevitably it will go exponential
- MACD turning over, looking bearish.
- High RSI ( should be below the 30% line for an excellent buying opportunity.
- Fib spiral support at 110 - to certify that this fib spiral is correct, I would like to see the share price touching it a few times more.
- Also gap to fill at 126 and 110.

Will start posting more TA ideas on twitter once i get a substantial amount of follows for it to be viable.

Comment

Trading view being a little bit buggy here - the fib spiral is support for the low at 17th May and then that sweeps through to a support late July. The support at 19th Dec 2019 is correct.
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