BYND has broken out of its most recent log fib resistances. Thinking we'll see a slight correction next week. ( 15% ish ) which will also keep RSI below overbought for a while, whilst still maintaining bullish sentiment, retracement back to pink level, would form a H&S style pattern with the log chart saying target at the gap to fill.
Be wary of their earnings coming up, have a tendency to miss on EPS due to R&D expenditures. Typically next quarter produces record revenue and am hoping for 160mil+. They estimate rev minimum of 550mil. Produced 110mil last quarter so need 440mil in next three q's.
Red Fib target likely to be touched over next two trading days - highly resistant as this was IPO price.
Apologies for the currency in GBP. Wanted a new chart without deleting old ones.
Be wary of their earnings coming up, have a tendency to miss on EPS due to R&D expenditures. Typically next quarter produces record revenue and am hoping for 160mil+. They estimate rev minimum of 550mil. Produced 110mil last quarter so need 440mil in next three q's.
Red Fib target likely to be touched over next two trading days - highly resistant as this was IPO price.
Apologies for the currency in GBP. Wanted a new chart without deleting old ones.
Anmerkung
Retracement back to pink fib level - next bound incoming
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.