Hi Guys! This is a Technical Analysis on Beyond Meat (BYND) on the 3 Day Timeframe.
Ive been following BYND for a long time, trying my best to scope out a BOTTOM. This is an UPDATE to my ongoing analysis. So check out my other charts below for more context.
**Note: Our Current Candle has just begun today 08/14/23 and will close on 08/17/23
We were doing well...
Beyond Meat (BYND) is below its 1D MA50 (blue trend-line) but unlike the previous break on August 19 2022, it is reversing to re-test it as a Resistance. If successful, it will be the first step towards a major bullish break-out.
The long-term Resistance is the June 30 2021 Lower Highs trend-line, basically the trend-line that started from the most recent peak....
