maggi3322- on BYND a target? For the short right? Well first
target would have been the 50 SMA, for now it's slightly through
that price. I don't see any positive divergence on a 60 min
time frame so it still looks weak to me but it is quite oversold.
Next major support area is 116 area, then of course the 200
day MA
as far as stops and profit. Maybe consider taking some profits
scaling out of some, and setting a stop on the rest. the last lower
high on the 60 min chart is 147.5, depending on if you wanted
to give it that much room or not
Matt, was there a target
Posted by maggi3322 on 29th of Jun 2020 at 10:34 am
Matt, was there a target for BYND? thanks
maggi3322 - on BYND a target?
Posted by matt on 29th of Jun 2020 at 11:17 am
maggi3322 - on BYND a target? For the short right? Well first target would have been the 50 SMA, for now it's slightly through that price. I don't see any positive divergence on a 60 min time frame so it still looks weak to me but it is quite oversold. Next major support area is 116 area, then of course the 200 day MA
as far as stops and profit. Maybe consider taking some profits scaling out of some, and setting a stop on the rest. the last lower high on the 60 min chart is 147.5, depending on if you wanted to give it that much room or not
again next major support is 116 area
Thanks Matt, exits are my
Posted by maggi3322 on 29th of Jun 2020 at 11:21 am
Thanks Matt, exits are my downfall. Really appreciate you taking the time.