Beyond Meat Daily Chart
Volumes have been missing on this one recently but prices have again made a new high. Last 5 days of volume is again higher compared to recent past.
It seems like people are again entering anticipating a fresh up move, Lets check that volume in next chart on hourly TF
Beyond Meat Hourly Chart -
On hourly charts the 1st hour candle of the day has seen high volumes & today its seeing its recent high volumes and a distribution as well. Break of 216 is a very negative sign for the stock, can head lower to 191 and below ( to be reviewed later, possible up to 138 )
Like everyone else i guess i have also started to look for when the stock will fall.
Good luck buying it at this level :)