noam_chom

You Can't Beat Beyond Meat

Long
noam_chom Updated   
NASDAQ:BYND   Beyond Meat, Inc.
Parabolic breakdown from ATH is over
Gaps filled 75-85
Mainstream euphoria is calming down
FUD from Burger King Impossible lawsuit is a red herring

Looks very good for a reversal, Small Company, Massive client & consumer base
Market over reacted after the IPO bubble popped
Comment:
still hanging out near the buy-zone, gap fill area. add to longs if you want. stop loss at 68, targets are the same.

might have a weird black friday or thanksgiving catalyst to send this higher before Turkey Day - SHORT TRADING WEEKS are always great for reversal moves
Comment:
wait to Long at $40
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