Watching beyond meat (BYND) as long term stock
Updated
BYND is going to touch:
- LONG support line of previous uptrend (green)
- and the SHORT resistance line of a current downtrend (violet)
If the price will go higher than 78.5 and it will manage to stay there for a while...
And then starting right after 79.1-79.2 there will be a huge grown in close future!
P.S: I made a mistake, that bought that stock at 83 and then at 78.12 before market confirmed it's growth.
sun-up:
Don't buy after the weekends, before the market opens.
- LONG support line of previous uptrend (green)
- and the SHORT resistance line of a current downtrend (violet)
If the price will go higher than 78.5 and it will manage to stay there for a while...
And then starting right after 79.1-79.2 there will be a huge grown in close future!
P.S: I made a mistake, that bought that stock at 83 and then at 78.12 before market confirmed it's growth.
sun-up:
Don't buy after the weekends, before the market opens.
Comment
Touched the resistance on the daily candle for the second time with a price with a higher high at 80.02Waiting for a lower low in a couple of next days at 71.5...
And then for the third touch and final breakout after 76.5 at the beginning of the next year (=
Comment
Still waiting for lower low, for this time at 70.5, so after that would be able to get the stock on at the discounted price.Trade closed manually
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