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Beyond Meat, Inc.
Long

BYND bullish EW Projection

Par c0de4
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Anticipating BYND starting another move up, all signs point to a completed correction with a tight consolidation. Volume decreasing, tightening RSI and a tight TTM squeeze on the 1hr, 2hr and 4hr.
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Alternate short-term bearish scenario can pull us down to 172-174 before moving back up. Will be watching for a strong price reversal first before placing any trades.
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snapshot
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BYND has instead continued with the bearish scenario outlined above, it's now reached the buy area and I'm looking for bottoming action to confirm and hoping to enter a longer-duration trade.
Elliott Wave
c0de4
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