Beyond Meat - H&S or Falling Wedge?

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Just an Idea. Do not trade based on my Analysis. You've been warned.

For BYND there are two Possibilities, either it will break down or up. There are two patterns, a Head & Shoulders which is Bearish and also a Falling Wedge which is Bullish. Both pattern are not confirmed yet and also not invalidated, trade the Breakout, wait for Conformation.

Head & Shoulders
https://www.dailyfx.com/education/technical-analysis-chart-patterns/head-and-shoulders-pattern.html

Falling Wedge
https://www.dailyfx.com/education/technical-analysis-chart-patterns/falling-wedge.html

Penafian

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