Silver members do not have trading room access and therefore it seems no community type board. Correct if I am wrong please

The comment section below these home page posts should be related to the stock(s), sector, commodity, etc. covered in the post above (in this case, just BYND). Questions or chart requests/opinions on any trade idea can be posted in the trading room to either anyone and/or specifically to me by tagging the question with my username, such as: @rsotc, what you do think about a long position in XYZ?
I will say that I can’t make a solid case to short the biotechs via LABD right now, especially with the trend in the broad market & biotech-heavy $NDX/QQQ still very resilient. The PPO on XBI (the 1x ETF that tracks the same biotech index as LABU/D) is starting to turn back up while still in bullish territory (above the zero line) with the RSI also in bullish territory (above the 50 level). Certainly a sector to consider for a short once the market finally rolls and maybe before then. I’ll try to keep an eye on the biotechs & posts any significant developments.

If the flag plays out to the upside for the 7.50+ measured move from the low on Friday @ 95.50), then BYND would fill the gap @ 101 (left open from 10/29)…there could be at least an intraday scalp trade depending on where we open in the morning or on the initial gap fill rejection if we gap up to near 101 before market open.

It was a large gap down in October, so the bottom of the gap was @ 82.96 and we’ve been trading above the bottom of the gap since Wednesday/Thursday.

The daily chart shows some big moves/volatility in the last 3-4 days compared to the recent activity, so we could see more this week.

There are more gaps to fill above 101 if we blow right through it…the next unfilled gaps are around 117, 131, & 193 if the BYND momentum gets going again…

Cheers!