jia7833

jia7833

A classic inverse head and shoulders is being built and stock price is not making lower lows. A few positive catalyst gonna send this stock to moon. Something big gonna come. PT: 10-20 Hodl

jia7833

very likely a rebound, not a reversal, be patient.

jia7833

Just for fun

jia7833 Updated 

if no breakout from here, expecting another 50% drop to 0.16 would be a 70-80% drop from the high, and it should be a strong support level from a historical perspective.

jia7833 Updated 

I am holding my long position, don't think it will drop too much from here and not an optimal entry for short-sellers, but also don't think it will go up significantly without the market seeing it proves a sustainable double digits sales growth YOY. I think plant-based meat has the potential to take some market share in the real meat market and BYND is the...

jia7833 Updated 

If you look at its trailing PE now standing at 166, and its forward PE at around 44, and according to Yahoo finance its PEG as of now is 1.88, implying a 26% annual growth rate for next FIVE years. These suggest what I believe an extremely unrealistic optimistic sentiment in a long term perspective.