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benjihyam

$BYND, shit product but good trade. Target $17-38

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Beyond Meat, Inc. (BATS:BYND)  
benjihyam  
BATS:BYND   Beyond Meat, Inc.
Wedge Trend Analysis Support and Resistance BYND beyondmeat beyondmeatstock
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wedgepattern trendanalysis supportandresistance bynd beyondmeat beyondmeatstock
While I would never even think of buying Beyond Meat as a product, it does look good as a trade.

Earnings yesterday setup a technical rally and a lot of shorts are getting squeezed out of positions. Technically, you can see that price has broken out of a fallen wedge.

The first target should be $22. Let's see if we can continue higher from there.

I've bought 11C and $15C for 3/15 to play this idea.
Penafian

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