BYND: Double or nothingI’ve been feeling the hurt from having bought BYND after publishing my previous BYND idea. See linked chart. However, since then I’ve increased my position 3-fold and decreased my dollar-cost-average by $60+/share.
To the Bulls who, like me, have been feeling the wrath of the Bears: I think it’s our time to shine. Now is the time to go big or go broke, especially if you’re a fan trading based on analysis of EW, patterns, market cycles, and Wyckoff.
Based on chart, within the next 3-4 months we should expect to see 3+ intense rallies.
Chart: Dates and time scale will likely be inaccurate. Focus on the price action.
Black: past-present EW and Fib.
Green: forecast EW and Fib.
Blue: patterns (parallel channels).
Orange: Wyckoff and market cycle.
Purple: price targets.
Red: pullback targets.
Comments welcome. Good luck to all.