BYND meat is looking like it could be a 50% fib trade with a decent momentum before earnings. The Stochastic and technicals may signal a buy, but downward pressure may put further price-action pressure. A strong balance sheet may help the company get over the hurdle in August.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.