BYND (D) C&H
BYND forming the handle on the daily Cup & handle. Prices looking to retest recent breakout level. No earnings date has been announced. The mkt has been having alot of catalyst lately especially considering the stimulus bill . We have notice that the mkt is a bit different now not only because its earnings season but every pop has lately been sold. but ignoring the notice i like the chart.most of the indicators and sentiment i looke that are not in my favor.
Mkt condition: uptrend
execution: 168 could be a good entry for a feeler while looking for sweeper flow to confirm the stock has a potential to build momentum into its earning witch i believe could be announce in Nov.
IV rank: 39.7
again i would be very cautious going heavy or going long expecting to hold this for a while. i believe the time to trade more defensive is now
Mkt condition: uptrend
execution: 168 could be a good entry for a feeler while looking for sweeper flow to confirm the stock has a potential to build momentum into its earning witch i believe could be announce in Nov.
IV rank: 39.7
again i would be very cautious going heavy or going long expecting to hold this for a while. i believe the time to trade more defensive is now
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