Hey guys,
I am looking for a pullback on BYND. This stock has had increasing price, with declining volume, and to top it off a massive bearish divergence on multiple time frames. The SMA and EMA are also turning bearish. I don't believe we will see a complete trend reversal, but I believe a pullback to the 100-120 area would be a healthy correction. Happy trading guys!
- Matt
I am looking for a pullback on BYND. This stock has had increasing price, with declining volume, and to top it off a massive bearish divergence on multiple time frames. The SMA and EMA are also turning bearish. I don't believe we will see a complete trend reversal, but I believe a pullback to the 100-120 area would be a healthy correction. Happy trading guys!
- Matt