One of the highlight of 2019 was the euphoric rise of
BYND
after its listing. like all parabolic rise it always ends in tears for inexperienced investors and $BYND was no exception
well after it retrace i think it may have found bottom and is currently building it accumulation region 76.15- $83.25.
i would expect this stock to range for a while building a healthy base before resuming its uptrend
buy zone $78- $76
This trade invalidates if prices trade below $75.5
BYND
after its listing. like all parabolic rise it always ends in tears for inexperienced investors and $BYND was no exception well after it retrace i think it may have found bottom and is currently building it accumulation region 76.15- $83.25.
i would expect this stock to range for a while building a healthy base before resuming its uptrend
buy zone $78- $76
This trade invalidates if prices trade below $75.5
Comment:
it looks the selloff still strong and bottom has not be reached i will be looking $64.70 to provide next support.