tylerwitucki

tylerwitucki

Beyond Meat is breaking out of a Bull Flag and is at the bullish 50 & 200 day ema crossover point. If the price can break through and stay above the strong 170 resistance area for a couple weeks this could confirm a bullish long term trend. Although there needs to be a considerable increase in volume to make this happen. Watch out for a "Fakeout" above resistance...

tylerwitucki

Incoming High Volatility Resembling 'Black Tuesday' Increased spending, debt, inflation, and uncertainty are getting out of hand as well as political instability and international tensions during a pandemic and a recession. We may never see a crash like 'Black Tuesday' again since strict regulations were implemented, but chart Indicators are showing high weakness...

tylerwitucki

Short term trend is bearish with the support of $1.15 failing and we could reach $1 again (don't panic sell just yet). We are looking for a bounce that may happen around the $1 level that could take us out of the bull flag channel, then we could reach $1.49 again and higher.