$BYND Potential Long

Por keberoo
Actualizado
After a disappointing earnings, MFI is slowly reaching oversold levels. That combined with the strong 50% retracement level that has seen solid support throughout the year. However, ADX shows that there is little to no trend. Potential catalyst with MCD. I would continue to monitor this stock movement and look for a trend reversal comfirmation.
Comentarios
Bounced as expected. Watch for confirmation before taking entry unless risk tolerance is high.
Operación cerrada manualmente
Exited calls For +45% profit. Still looks like a good entry but need to free capital for other plays.
Comentarios
Next PT $145
Comentarios
Old resistance acted as support as seen in the last hour of trading. Be cautious of that it gave away most of intraday gains.
Trend Analysis

Exención de responsabilidad