Tax Season is Here! Save 15% on H&R Block Online
iconAll times are GMT -4. The time now is 07:08 AM. | Search:

» StockRants Stock Forum » Public Stock Forums » US Stock Picks » Short: Beyond Meat Stock Chart Alert: Topping Tail...



Reply
 
Thread Tools Search this Thread
Old 06-17-2020, 03:22 PM   Nav to Top  #1
inthemoneystocks
Trader
 
inthemoneystocks's Avatar
 
Join Date: Jan 2010
Location: NYC
Posts: 91
Favorites: spy
Rep Power: 132
Reputation: 41
inthemoneystocks is on a distinguished road
Default Beyond Meat Stock Chart Alert: Topping Tail...

Shares of Beyond Meat Inc (BYND) surged in early trading on the back of a wider product offering as shorts quickly scrambled to cover. The stock has reversed after an early surge and may be putting in a major near-term top. This Beyond Meat stock chart alert is telling investors a strong short signal is forming called a topping tail. Topping tails are bearish candlestick formations. They are valid when they show up at multi-month or 52 week highs. In the case of Beyond Meat, this is a multi-month high after the stock has surged from below $60 to over $160. Based on the technical topping tail setup, a strong short can be taken with a downside target of $130.

See the chart here:
https://inthemoneystocks.com/beyond-...topping-tail/\


Gareth Soloway
inthemoneystocks is offline   Rate this post Yes | No Reply With Quote
Reply

Similar Threads
Thread Thread Starter Forum Replies Last Post
Short: Understand It: $AMAT Topping Tail Alert SwingTrade Guru US Stock Picks 0 06-05-2017 12:50 PM
Short: How To Trade Yesterday's Home Depot (HD) Topping Tail inthemoneystocks US Stock Picks 0 04-26-2017 03:17 PM
Watch: Technical Chart Alert On $TXN Into Earnings AnnabelleTrader US Stock Picks 0 04-25-2017 03:13 PM
Short: Bearish Signal: $KLAC Big Topping Tail AnnabelleTrader US Stock Picks 0 03-20-2017 04:21 PM
Stock Chart Questions maduc09 Technical Stuff 0 06-22-2010 01:34 PM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On