$BYND- It tastes good, but a short will taste WAY better
Elliot wave seems to have been completed, and we've seen this stock get a lot of media attention recently.
I personally think Beyond Meat has been way too hyped up recently, and the company will likely do very well,
but the stock price needs a decent correction.
I will be targetting the .5-.618 fib as a zone to close my short, I may also be going long in this zone
depending on how the stock market looks in general.
In light of all of this I still think that impossible burgers taste great, my fat ass ate two of them
from Burger King last night.
I personally think Beyond Meat has been way too hyped up recently, and the company will likely do very well,
but the stock price needs a decent correction.
I will be targetting the .5-.618 fib as a zone to close my short, I may also be going long in this zone
depending on how the stock market looks in general.
In light of all of this I still think that impossible burgers taste great, my fat ass ate two of them
from Burger King last night.
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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.