iBankCoin
Joined Jan 27, 2008
7,265 Blog Posts

FAKE MEAT TO MAKE A RUN: LONG $BYND

$BYND looks great here as we end the week, up a cool 4% to start the day. Under yesterday’s low, $111, and I am less enthused about the trade (meaning that’s where you want to have a stop in place). Full year 2019 earnings are expected on February 27th so this could be the beginning of a squeeze into the report. The technicals favor a big move, keep it on watch here:

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Disclaimer: Long

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One comment

  1. ashindde

    Good pick, RC. Looks like it’s about to resolve one way or the another. I am getting in on tuesday. will get out before earnings or a break of 111.

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