Without a doubt, what in the eyes of many meat lovers could seem like a company with no future is gaining more and more acceptance.
Food without meat content is now widespread all over the world with characteristics similar to the traditional corresponding.
The company Beyond Meat that deals with these earns consensus and the title seems to want to go up and up...
Hey fellow Traders,
first of all i wish everyone a succesful and happy new year, may your dreams come true!
Now lets get back to business, today i´d like to talk about NASDAQ:TTCF
As we already saw it was forming an strong resistance at the 24 ish level , but we could finally manage to break that with good volume coming through and positive newsflow.
What...
Technical analysis
First earnings report (June 7th, 2019), which made BYND go up around 35%+ and create a big gap.
This gap is starting to get filled on a downtrend.
RSI(10) @27 - Remember oversold can continue to be oversold for a long time.
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Fundamental
Impossible Foods, a direct competitor of Beyond Meat. Is selling burger to Burger...
