Beyond Meat: sell signal under observation, but the double bottom clouds the picture

Beyond Meat is at week 2 of a sell signal: the confirmation week closed bearish and the weekly structure remains bearish. Signal strength at 21 out of 100 describes an indecisive week — and on the daily chart, a double bottom in the 0.71 area with a 21% rebound is forming. The quality band flags trading not recommended: opening a new short here carries elevated risk.