June 2019 - Dec 2019 BYND had a correction to the 1.618 fib level and retraced back to 1 fib level.
Now - same scenario, same retracement back to 1.618 fib level, so will BYND stick to its target at 1 fib level ( 100 )
Gap to close at 95.
We've had a break out of the diagonal resistance and 3 touches of it as support ( three drives ).
Will we see a rocket to 100?
Now - same scenario, same retracement back to 1.618 fib level, so will BYND stick to its target at 1 fib level ( 100 )
Gap to close at 95.
We've had a break out of the diagonal resistance and 3 touches of it as support ( three drives ).
Will we see a rocket to 100?
Note
The RSI pattern has formed the same same bullish divergence as it did in Dec 19 now
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.