BYND BuyBYND Buy,
- 30 min time frame
- Support and resistance being well respected (range)
- Support 135, Resistance 145
- Expecting the price to bounce off 135
- Rsi respecting 33.00 4 times with the support at 135
- Waiting for confirmation (Break of 137.50)
- Stoploss 134.50
- Take profit 144.70
Beyond
BEYOND MEAT, Above and Beyond $BYNDThere is a big freaking triangle forming on the #BYND price chart... can be bearish.. but can rocket if the right news is issued in the next week.
Price has been squeezing for a while now, will be released sooner than later, direction is hard to predict though.
High profitable trade, with tight stop loss under the below structure.
PT1:140
PT2:150
PT3: if Beyond defeats the COVID ->165
STOP: 120
Give at least 7 days to play the scenario out.
BEYOND MEAT ($BYND): Bullish Beyond Earnings?✨ We provide charts every day ✨
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Looks like bull, tastes like bull, but its time to find out what this Beyond Meat is really made of going into earnings. Look, people need to eat even during COVID, but are they eating enough Beyond Meat for price to break through resistance, that is the question?
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1. Fractal Trend is showing an uptrend (Green background color) for BYND on the 30 minute chart.
2. An uptrend into earnings is good news for Beyond bulls. That said, we are making plays based off of Breakaway Scalper, which currently is signaling neutral with a Grey Bar color after a profitable long (Green bar color) that ended April 27.
3. We are currently waiting on a definitive signal from Breakaway Scalper (for example a long signal as long as the uptrend remains).
4. Assuming the uptrend continues, we will be looking for reactions at R1 - R3 to the upside.
5. If we head lower, the S1 orderblock cluster is a logical spot to find support, while "the floor" highlighted on the bottom represents the last hope for Beyond bulls.
Watching beyond meat (BYND) as long term stockBYND is going to touch:
- LONG support line of previous uptrend ( green )
- and the SHORT resistance line of a current downtrend ( violet )
If the price will go higher than 78.5 and it will manage to stay there for a while...
And then starting right after 79.1-79.2 there will be a huge grown in close future!
P.S: I made a mistake, that bought that stock at 83 and then at 78.12 before market confirmed it's growth.
sun-up:
Don't buy after the weekends, before the market opens.
TIME TO BUY $BYNDOne of the highlight of 2019 was the euphoric rise of NASDAQ:BYND after its listing. like all parabolic rise it always ends in tears for inexperienced investors and $BYND was no exception
well after it retrace i think it may have found bottom and is currently building it accumulation region 76.15- $83.25.
i would expect this stock to range for a while building a healthy base before resuming its uptrend
buy zone $78- $76
This trade invalidates if prices trade below $75.5
INFINITY AND BELOW!Beyond Meat Inc. stock fell 5.2% in Friday trading after the plant-based meat company was initiated at sell at CFRA with a $120 12-month target. Analyst Arun Sundaram expects Beyond Meat to face increased competition from large food companies. Tyson Foods Inc. and Kellogg Co. are among the businesses that have entered the space with their own plant-based alternatives.
Beyond Meat shares are falling because of what happened to a competitor. Reuters reported Dave & Buster’s was bumping Beyond peer Impossible Foods, testing instead the new Lightlife brand made by competitor Maple Leaf Foods.
WHY I THINK THE MARKET IS GOING DOWN ?
1) The market is overvalued.
2) Too many competitors like impossible meat.
3) Plant based burgers not hard to make.
Bitcoin Update 10-10-19 Good morning Altsignals Members, welcome to our technical analisys section again.
Lets talk about #Bitcoin on the 4H Timeframe.
Yesterday we experience a clear breakout of the parallel resitance on the 4H chart wich ride us to the previus support zone, turned now to resistance, between $8547 - $8805, so, we need to start closing candles above the $8547 level to continue moving up to $8805 and then take the next important resistance level around $9813.
At the moment the sellers are pushing down into the drawed parallel channel wich could work as Bull Flag to continue the bullish escenario.
$8103 is the most important support level to wacht, also if we break the parallel price range displayed on the chart we will go to this support level, so, could be used as a confirmation for a scalp short position, or long if we break upside.
CFTC chair says ETH is a commodity and anticipates derivatives to trade in the U.S. soon - Fundamentals on ETH are strong right now, a bullish #2 coin can impulse bitcoin creating FOMO in the crypto market on BitMex.
Other good sign to have in mind is a couple of big transaction wich were getting moved since yesterday on USDT up to 10M - This could means Instutional investors preparing funds to buy
$XRP IN CHANNEL! MOVING AVERAGES ABOUT TO CROSS WATCH THE MOVING AVERAGES CLOSELY. DROPPED LAST TIME THIS HAPPENED!
XRP in a nice channel for easy small profits in the meantime. I wanted to address the 50 MA that is about to pass the 200 ma. Last time this happened you could see tension building with volume and the closing of the pattern. This time around it will do the same thing and not quite cross one another and drop (first green box) or they will cross and we will see a big impulse move upward.
Beyond meat, 40% upside, little riskNASDAQ:BYND
Beyond meat is one of the best-preforming stocks this year, and will go into the history books of IPO´s. BYND is an alternative-to-meat company; in other words, they are in an incredibly growing market.
Their valuation is sky-high, but after the recent correction, there might be a trade opportunity. BYND has quadrupled earnings since the same time last year. Still, BYND fell more than 25%, but after hitting support, it´s been slowly climbing, indicating a trend reversal.
If the reversal is confirmed, we have an upside of 40%, a stop-loss at 165$ would fix our losses at 6%.
Keep in mind; the valuation is still incredibly high, so we must treat this as a trade. Should our support break, there is no telling where the price bottoms out.