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Barchart
Barchart
Wajeeh Khan

Is a Short Squeeze Breaking Out in Beyond Meat Stock Now?

Beyond Meat BYND short squeeze Nasdaq

Beyond Meat (BYND) shares opened 20% higher on Tuesday as meme-stock enthusiasts continued piling into the plant-based meat alternatives company.

This retail-led surge pushed BYND’s relative strength index (RSI) into the late 70s, signaling overbought conditions that often precede a significant pullback. 

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