The ship is sinking for BYND!
As we can see on the current candle already, BYND has a strong downward pressure ahead of its earnings today. The SEC just passed the 201 uptick rule for short sale restriction on the stock, further diminishing the supply of borrowed stock, as demand rockets. We expect the stock to rise a bit higher intraday and then to fall heavily downwards after profit-taking in the aftermarkets today. The long-term trend still indicates further upside however.
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