Beyond Meat · Week 5 of the decline
Beyond Meat: decline holds, but the lows are holding too
Beyond Meat · Week 5 of the decline
In Summary
Beyond Meat is in week 5 of a sell signal, with the trade up 13.91% from entry. The week closed down 7.2%, sellers at 84% — the decline is holding. On the daily chart, however, a strong double bottom in the 0.66 area with a 16% intermediate rebound signals a potential reaction zone that warrants close attention next week.
IQS Phase
78
in tension
Signal Strength
12
indecisive week
Sizing
MINIMUM
Ranking
#17 / 131
US stocks
Trade P&L %
+13.91%
from signal to today
restricted Platinum content