BYND $117 to act as strong support
Bullish
- Hourly chart shows divergence between the RSI and price, the price makes a lower low while the RSI makes a higher low
- The fibonacci retracement acted as strong support before as price bounced off the 38% level as well as the 50% level
Bearish
- Stock is trending in a strong downtrend
- RSI got rejected at the 30 mark level