Beyond Meat, Inc.
Panjang

$BYND Is A Great Momentum Play

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BYND is another TSLA story. You have the bulls and bears battling over the fundamentals, whereas we see a stock that's just a great traders. BYND like TSLA has momentum and you can play both sides - long and short. While we called the Short 2 weeks ago, the stock has made a comeback and is bumping up against our trend line again. We think this time it will break through, especially with 23% of the float short. Keep a watch and trade accordingly.

As always, trade with caution and use protective stops.

Good luck to all!

Penafian

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