Beyond Meat is waiting for a trend

It is at a very strong support level at $130-120.

It has strong resistance at $200 and has yet to touch its all-time high around $250 (it will eventually).

3 major oscillators are at the oversold point (buy signal).

It is waiting to start a trend after spending almost 1 year trading in the same range (120-200).

I see no way that it will continue to fall unless something extraordinary happens that impacts the markets as a whole.

The chart is on a logarithmic scale and on a daily candle.

BYND
Coppock CurvefakemeatOscillatorsSupport and Resistanceveganshare

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