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AndreGio77
7 jun 2020 16:10

Beyond Meat  

Beyond Meat, Inc.NASDAQ

Beskrivning

Beyond Meat looks in an interesting situation, where it might break up with targets in area 160/170.

Kommentera

First target reached at 163 on monday...let's see if it reaches 170...
Kommentarer
AndreGio77
IL titolo lateralizza fra 120 e 160. Solo un ritorno di volumi (notare come siano stati bassi negli ultimi due mesi rispetto al periodo maggio/luglio) ed un break sopra i 160 possono dargli spinta al rialzo.
AndreGio77
BYND on area 128, which is proving a good support for the moment. In case of fall I still think it will find support on area 115/116 first, then area 100 (in may it also created a gap up in area 100 to 110, still not closed).
AndreGio77
Target 170 not joined....new short term resistance in area 128. Negative below 115.
AndreGio77
Breaking up area 164 would be a signal of force....until then we have to wait and see.
AndreGio77
Failed Breakout (it had volumes and quite a nice green bar....). Now it's back in the rectangle. First support at around 133, then 128 and 116. Below 116 there is a gap in area 100.
Personally I think that if the market continues to crash down...we will see it between 128 and 116.
Mer