c0de4

BYND bullish EW Projection

Long
c0de4 Mis à jour   
NASDAQ:BYND   Beyond Meat, Inc.
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.
Commentaire:
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.
Commentaire:
Commentaire:
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.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.