Posted by sonofrebel on 18th of Jul 2019 at 02:55 pm
I have bought puts on BYND ahead of earnings;
30 min chart shows 62% retracement of last swing on declining
volume (blue)
Valuation is off the charts
1:1 ABC extension would take it back into the gap up which
starts at 110 area (green)
Plan to add if breaks 9 ema
IV rank is lowest it has been and will ramp into earnings due
7/29
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I have bought puts on
BYND breaking out
Posted by sonofrebel on 18th of Jul 2019 at 02:55 pm
I have bought puts on BYND ahead of earnings;
30 min chart shows 62% retracement of last swing on declining volume (blue)
Valuation is off the charts
1:1 ABC extension would take it back into the gap up which starts at 110 area (green)
Plan to add if breaks 9 ema
IV rank is lowest it has been and will ramp into earnings due 7/29