To Infinity and Beyond (Meat)? We look to Buy at 60.97 (stop at 55.50)
Beyond Meat - Short Term - We look to Buy at 60.97 (stop at 55.50)
Previous support located at 60.00. The bullish engulfing candle on the daily chart is positive for sentiment. We look for a temporary move higher. This provides an excellent risk/reward opportunity to fade the current bearish move.
Our profit targets will be 85.29 and 94.12
Resistance: 90.00 / 100.00 / 115.00
Support: 60.00 / 50.00 / 45.00
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