PIERCING PATTERN on daily Beyond Meat!Beyond Meat suffered much from its downtrend but a little bit of hope just occurred on the chart. It is called Piercing pattern, a green candle (showed with the arrow) opens lower than the previous minimum. Then the price goes up showing that the bulls are ready to take action. It's still in downtrend therefore I would sell around the lower blue line (@126) because it is located right at the middle of the red line on the Kagi chart. If the bulls were stronger than ever, the second blue line would be the best choice (the shoulder on the Kagi chart)
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