Beyond meat has taken a typical three-drive reversal pattern which is an ancestor of the Elliot Wave pattern.
Beyond is an excellent example and the best one ive found to date. The pattern suggests an upwards pattern to a first pt of the last drop ( D ) at $150.
The pattern needs to breakout of 140 first and this is more than likely. Perhaps it'll rocket through to 150 and use 140 as a support before carrying onto the next two pt s at 180 and 200 respectively.
Can see 160 happening early / mid feb.
Beyond is an excellent example and the best one ive found to date. The pattern suggests an upwards pattern to a first pt of the last drop ( D ) at $150.
The pattern needs to breakout of 140 first and this is more than likely. Perhaps it'll rocket through to 150 and use 140 as a support before carrying onto the next two pt s at 180 and 200 respectively.
Can see 160 happening early / mid feb.