regarding BYND there's no RSI or MACD divergence on a 60 min
time frame, thus while it's a little overbought short term and may
pullback some here, this suggests the trend is healthy and should
continue higher even if a pullback occurs here soon
I sold some but I'm keeping a trailing piece
as far as setting stops based on higher lows, nothing on the
daily, on a 60 min time frame the last higher low is 81.16 which is
well above my entry from about 75, however that's still pretty wide
from curent price of 95, which may or may not be too wide for you
for a swing stop, your choice on that
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regarding BYND there's no RSI
BYND follow up
Posted by matt on 10th of Jan 2020 at 10:12 am
regarding BYND there's no RSI or MACD divergence on a 60 min time frame, thus while it's a little overbought short term and may pullback some here, this suggests the trend is healthy and should continue higher even if a pullback occurs here soon
I sold some but I'm keeping a trailing piece
as far as setting stops based on higher lows, nothing on the daily, on a 60 min time frame the last higher low is 81.16 which is well above my entry from about 75, however that's still pretty wide from curent price of 95, which may or may not be too wide for you for a swing stop, your choice on that