As one cool trader I know says, millennials will consume Beyond Meat at all costs once the pandemic is over. Six months of consolidation are completed, a triangle has been formed, and its breakdown has already occurred (see the right big yellow circle). Now it is expected to retest the edge, and the achievement of 2 targets - the first goal is 164.28, and the second goal is 202.39 dollars, for a total increase of 58%. The paper forms and executes patterns well, the reliability is quite high. Growth will not be fast - calm movement is assumed. A good opportunity to enter this paper in the medium term.
Trade closed: target reached:
Fixing pos, all targets are achieved