As with $TSLA, the hype is over for Beyond Meat ($BYND) | #markets #Tesla #trendfollowing #heikinashi

Beyond Meat ($BYND) daily

• (-) Some say it’s a consolidation. I say it’s a distribution with negative bias.
• (-) Below the buy-stop.

 

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Beyond Meat ($BYND) weekly

• (-) More serious here: haDelta failed to rise above zero.

 

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Tesla ($TSLA) daily

• (+) Trying to erase the recent fall.

 

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Tesla ($TSLA) weekly

• (-) Downtrend, even for the fans.

 

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Tesla ($TSLA) monthly

• (!) On important support. It should hold, otherwise, the rollover starts.
• (-) Far (47%) from a volatility-based buy-stop (red-dotted line).

 

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