Beyond Meat (BYND) In A Cup?

By MrALtrades00
Beyond Meat (BYND) In A Cup?

No of course not! Beyond Meat (BYND with a cup on its chart? Yes!

BYND has been in a downward trend since the beginning of the year. I discovered two factors that led me to believe that the stock will begin an upward trend.

1. Cup on the daily timeframe
2. Bullish Divergence

On a non-technical note, Beyond Meat recently announced that they expanded their distribution to 8,000+ stores.

Perhaps BYND will give us a handle within the next few days. I look forward to watching this stock go above and "beyond" the downtrend its been in.

*This is not financial advice

Peace & Prosperity,
Al

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