Beyond Meats ($BYND) is a producer of alternative meats. The stock has soared as much as 800% since its IPO which was just over a month ago. The short squeeze has been incredible, but like all short squeezes, they come to an end. My ultimate price target for this stock, and my honest valuation of the stock is $21 a share. Before we see that level though it will likely be 12-18 months. However, for a short term trade, I am anticipating a quick gap fill down to the $100 level, by this Friday, or next Friday at the latest. You will notice the major gap to be filled under critical $125 support and on Friday we saw some very important intraday trend support breakdown which will helped be a trigger to the bigger spillout. The most important level on this name is the $150 level, that marks a 5 day trendline breakdown, and from there there isn’t much until down at $125, and under that we officially have a gap fill to $100. $100 is an important natural levle but also psychological level due to it being the level that the stock was flating around before its recent earnigns release. By August 1 i’m anticipating this stock is floating around the $80-$90 level which is about a 50% pullback from this level.