Above is a daily chart of BYND and as you can see this stock has been in a strong uptrend. If you look at the two largest declines for this stock you will see they both were approximately 63 dollars. If you subtract 63 dollars from the high of this last move (point E) you will arrive at the 176 level. This means that BYND can trade all the way down to the 176 level and still be bullish. This level also coincides with a major trendline. With the stock set to gap down sharply it will be interesting to see how this 176 level holds up.
