InvestingScope

Beyond Meat: Discount. Quick long opportunity.

Panjang
NASDAQ:BYND   Beyond Meat, Inc.
One of the hottest stock this month at the market is Beyond Meat, which after an initial 1H Channel Up, skyrocketed to 186.00 before heavy speculators took the initial profits yesterday, making the price decline. 1H is approaching the neckline (120.90) of Head. This creates ideal short term buy conditions for a 150.00 target. The MA50 should provide support but can be also marginally breached. In this case the target should be set even higher (170.00).





** If you like our free content follow our profile (www.tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.

Telegram: t.me/investingscope
www.investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.