stockonomy

BUY $BYND - 02.08.2021

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NASDAQ:BYND   Beyond Meat, Inc.
Stockonomy Weekly Pick 02.08.2021

$BYND Gapped up on high volume back to back days before low relative volume pullback to 61.8% Fibonacci Levels.

Friday's price action resulted in an inside day candle representing an excellent trade entry.

We could see further consolidation as StochRSI is not quite extreme, however, $BYND may not give us much more time.

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