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Will_Wong

BYND: This beast had gone up 720%. Is it time to short? EW

Short
Beyond Meat, Inc. (NASDAQ:BYND)  
Will_Wong Mis à jour   
NASDAQ:BYND   Beyond Meat, Inc.
Wave Analysis
4
0
waveanalysis
suggest yes.
Commentaire:
This thing dropped 12% today. Would have been a great short.
Commentaire:
Since I posted this, BYND has dropped $42 or about 19%. A ATM or NTM put would have yielded a profit close to $4K a contract. This would have been the easiest money. It coincide with the market selloff too. Unfortunately it is too obvious. Even experienced traders that I know didn’t want anything to do with shorting BYND. Too bullish they said!
Sigh!

snapshot

Idées en relation

Will_Wong
BYND: A potential shortage of meat caused by Covid-19 has caused
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