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  • Writer's pictureT. Livingston

Beyond Meat- Excellent Looking Chart With Earnings Approaching

Beyond Meat, $BYND, has a beautiful looking chart. I like all the accumulation it has seen over the past few months. I also like that it is sporting a really big base since I know that offers lots of potential. In addition, BYND had a relatively recent IPO. Beyond Meat reports earnings today after the close. Thus, I have a reduced position since risk management is the most important aspect of trading no matter how bullish one is on a stock. I will look to add more shares if Beyond Meat does indeed break out.

Full Disclosure: Beyond Meat is a stock I currently own.

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