Kindredd

UPDATED: BYND (Potential) Gap Fill

Long
NASDAQ:BYND   BEYOND MEAT INC
Today's bull run was consistent, closing @134.23. We're at a very crucial price point for GAP Range between 137 - 141s. During extended hours BYND continued it's bullish run into the low 137's. Opening over 137 and holding for tomorrow will be a good sign for a gap being filled to the 141's by the end of the week. Watch out for a possible rejection to bring us back towards today PM levels or the GAP below between 125.70s - 127s. I'm keeping a close eye on BYND tomorrow for a potential GAP fill/Rejection play going into ER. Personally, I wont be playing an ER play but the run up and post ER reaction will be a fun one. As we can see the last 5 ERs have had pretty one directional price reactions for at least another 1.5 days. Whether they beat or lose ER - we can confirm after the fact. Trade safe and set SL's.

Comments

Hi, where do you see it going now. do you think it will retrace to 125s to fill the gap. would u mind to post an update on this one. thanks a ton!
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Called it perfect
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Kindredd scheplick
@scheplick thanks man! Appreciate the support.
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