BYND - Looks like to drop and maybe an oppurtunity to short

Drop in price looks imminent at price is losing footing on its consolidation pattern. Last level for the bulls to control the monthly range is 111.81 level. If it breaks below that level, next month will be crucial as this could cause a waterfall event for the stock. Might be willing to pic it up at 94-87 level. If price gets to 115, will short with a stop at 118. Short conviction stonger if bears are able to take control of the monthly range. BYND

Trade geschlossen: Ziel wurde erreicht:

Target reach, even better. Closed trade at 88. Corona virus scares just became the catalyst for this stock, or even the whole market. Everything is dropping and Right now I am looking to buy for the incoming bounce. Mayble I'll start to go long now.