Beyond Meat, Inc.
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Beyond Meat

163
Still a relatively unstable stock in general of approximately 40 days of stability before a drastic change in price.

the stock is still trending downwards within the parallel band.

75 remains as a strong resistance line which can become a strong support line after a breakthrough. A confirmation of breakthrough out of the band will be a great indicator of upwards trend thereafter.

Daily & weekly MACD and RSI indicates an upward pressure but remains in the negative territory.
Note
Short Term trade:

Short.
SL: $85
TP: $57

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