Beyond Meat, Inc.
Long
Updated

BYND 27/11/19 Long

83
Asset and Time frame -15 Minutes, BYND
Entry Price -82.10
Exit(Stop Loss) -80.78
Exit(Take Profit) -86.48
The range between stop loss and entry - 1.32$

Technical Analysis -On the hourly chart there is a burst of buying volume and an engulfing bullish candle,15M chart made an ABC pattern(on the 0.236 Fibonacci level)price already reached overbought once


What can be improved -
Conclusion & End of Trade -
Trade closed: stop reached
ISM manafacturing data report came out weak.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.