Capital Growth

Capital Growth

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Photos from Capital Growth's post 08/29/2023

$BYND trade this morning with $1219.32 in profits by 10am EST ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
How did I make this trade ? ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
General consensus of overall market today, price action and volume !! ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
We all know that BYND is totally overvalued but that doesn’t matter if you’re daytrading it. Remember that daytrading/swing trading is NOT the same as investing. ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
The market opened up red today which overall made me think today could be bearish, at least in the morning. We’ve seen this stock squeeze and push up $20-$30 in a day so when it wants to move, it will move. There was a tiny push up in the first min but then shorts and sellers came in aggressive from the gate. About a $5 drop within the first five mins.
We’ve seen that $152 has previously been an important level and between bulls and bears...only one side will win. 🐻🐻 Bears won the morning rush. I got in at $152 exactly and was out at $148.10. ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
It’s currently still struggling between $150(psychological number) and $152(critical level)
Well most likely see it squeeze or drop to $146 level by EOD. Watching the afternoon move also but may not take the trade. ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
Happy Trading Day 📉 ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀

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