Beyond Meat (
BYND
) In A Cup?
No of course not! Beyond Meat (
BYND
with a cup on its chart? Yes!
BYND has been in a downward trend since the beginning of the year. I discovered two factors that led me to believe that the stock will begin an upward trend.
1. Cup on the daily timeframe
2. Bullish Divergence
On a non-technical note, Beyond Meat recently announced that they expanded their distribution to 8,000+ stores.
Perhaps BYND will give us a handle within the next few days. I look forward to watching this stock go above and "beyond" the downtrend its been in.
*This is not financial advice
Peace & Prosperity,
Al
BYND
) In A Cup? No of course not! Beyond Meat (
BYND
with a cup on its chart? Yes! BYND has been in a downward trend since the beginning of the year. I discovered two factors that led me to believe that the stock will begin an upward trend.
1. Cup on the daily timeframe
2. Bullish Divergence
On a non-technical note, Beyond Meat recently announced that they expanded their distribution to 8,000+ stores.
Perhaps BYND will give us a handle within the next few days. I look forward to watching this stock go above and "beyond" the downtrend its been in.
*This is not financial advice
Peace & Prosperity,
Al