Beyond Meat,
One of the most shorted stock in the US market.
It is clear the had difficulties to ramp up the production and to expand their business, still waiting the beyond burger at McDonalds.
BYND has a quite interesting chart pattern.
• A big move in the past 1-3 months anywhere from 30%-100% the rally last for a few days to weeks.
• Stock is going to...
See chart for analysis and enter. ADR is pretty high which is good.
Stop loss set at low of the day.
Holding for 3-5 days then selling 1/3.
Moving stop loss to breakeven with a trailing stop loss for the 10MA or maybe 20MA depending on price action.