Beyond Meat, Inc.
Long

Diamond reversal pattern

155
Clearly a diamond reversal pattern for beyond. Think a reversal is due in this general small / mid cap market.
We broke out the diamond a couple trading days ago and have formed a bullish flag pattern since as we have retraced back towards the diamond support level.
The Pattern suggests a price target of $81 within the next 8 trading days or couple of weeks.

Don't forget that there's a gap to fill at $91 dollars so I would say we're likely to use $81 as support before breakout to $91 and $150 next.

Wishing you all a great Christmas and a successful start to the new year trading.

See you on the moon

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.