Published the wrong chart that didn’t properly depict accumulation in previous idea. This chart shows accumulation as a pennant.
BYND might have completed a long-term accumulation phase depicted by the blue pennant and finished an EW wave 1 of some lesser degree. I’ve based the Fib levels on the possible wave 1. If valid, price will target $270.
BYND might have completed a long-term accumulation phase depicted by the blue pennant and finished an EW wave 1 of some lesser degree. I’ve based the Fib levels on the possible wave 1. If valid, price will target $270.
Commento:
For more conservative traders, consider a target of ~$256. Target is based on an ABC leading wave 1 that started after testing breakout from pennant.
Commento:
Last chart to marry everything together.
Commento:
Whoop whoop!
