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BYND - looks like start of a new rally

BYND looks really promising. First BYND rallied in an impulsive fashion into the top made at 239.71 in July 2019. Off that top BYND declined in a corrective A-B-C structure that bottomed at 71.65 on 16 December 2019. This is my last update posted in November 2019: You can see on the chart below that price completed the micro structure of the final wave C down and bottomed in the Demand Zone.

BYND - Daily chart updated on 1-7-2020

If we look at micro chart to review structure of the move up off the last major low we can see a promising LONG setup. BYND played a-b-c up off the low followed by a-b-c down making a higher low And now we see thrust in subwave a of wave iii that may go to 84 or even to 176.4% ext at 88

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