Beyond Meat, Inc.

Short

Updated

BYND may be tapping out

I originally thought this was trading in a symmetrical triangle (month view). I discovered diamond patterns. It's making me go hmmmm... What do you think about this idea?

Diamond Patterns signal a reversal:
moneycontrol.com/news/business/markets/how-to-use-diamond-pattern-for-identifying-trend-reversal-3961251.html

Trade closed: target reached

with the steady lower lows almost weekly, i figured that earnings would be the event to knock this down if it was going to make it below $100/$90. i'll keep it on my radar.

Note

snapshot

Note

below the IPO. breaking down from triangle.

snapshot

Mommy Miles :)

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Mommy Miles :)

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.