Two bowls on the BYND charts. Seems like a strong resistance point here. Earnings on the 4th August. Think we'll see a small rally to around $50 over next couple of weeks and earnings results will decide if we have a retracement back to $35 forming a inverse H&S of PT $90 or a rally onto $90 closing that gap.
Yorum:
cup and handle formed for minor cup - ignore larger cup.