Beyond Meat 2.0 with Real Meat Protein! Welcome MEATECH 3DLook, i have a premium signal for all the 4364 Tradingview followers family.
MeaTech is developing a novel, proprietary three-dimensional bioprinter to deposit layers of differentiated stem cells, scaffolding, and cell nutrients in a three-dimensional form of structured cultured meat, often called "clean meat" or "cultured meat."
MeaTech Announces Pricing of $25.0 Million U.S. Initial Public Offering of American Depositary Shares and Approval to List on Nasdaq Capital Market. (prnewswire.com)
MITC MEATECH 3D Market cap 128.347M vs Beyond Meat Market Cap 8.767B
I see a 10X play here!
Not trading advice.
Beyondmeat
$HULK Pontus Protein - LONG ideaNice potential LONG trade with good risk/reward here as HULK sees support at its all-time VWAP of $1.07.
BYND - Filled the gapBYND soared on the Pepsi news, but TBH - it wasn't really a catalyst for anything new. I believe the market is actually waiting on bigger news re: KFC and possibly other major casual outlets. Here's the thing, they're already in with Pizza Hut, which as a part of YUM brands, means they have the needed connections into Taco Bell (www.marketwatch.com) which has already been announced. KFC will be the next drop. The Pepsi partnership is interesting because YUM brands was originally a part of PepsiCo before it spun off. Basically, Beyond Meat has some serious connections in the food industry.
The bullish thesis is this: BYND filled the Pepsi gap-up. It didn't breakdown after correcting. The stock still hasn't touched its ATH from IPO days. They are under pressure from Impossible Foods. These two companies however, are very much like Burger King and McDonalds. They work well together and the market is not a zero-sum game.
Mid-term, BYND will soon see its ATH. A major catalyst like KFC will send it above its ATH and create a new long-term growth channel.
Beyond Meat has Retraced, Long From HereGood opportunity to long this from current price. It has retraced to 0.618 Fibonacci and filled the gap after spiking a couple of weeks ago. This is a market that is only going to grow and Beyond Meat are probably the biggest name in it. target is at least the all time high at 239.71.
Beyond Meat ready for another run?Taco Bell said in a prepared statement that it expects to test Beyond Meat menu items in the next year. Taco Bell is owned by Yum Brands (YUM).
The Taco Bell agreement is the latest marquee partnership for Beyond Meat. On Nov. 9, fast-food giant McDonald's (MCD) announced it would begin offering McPlant menu items. (Source: investors.com)
The indicators are looking bullish once again on most timeframes.
Please leave me a message if you want to test the buy and sell indicators that i am using.
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 meat potential long term growthHello everybody and welcome to a $BYND bullish scenario 🤠
Long story short
New competition doesn't seem to be able to penetrate the plant based market. Beyond meat is the only brand that is really placing it self to be a market leader. When you think plant based burger, chances are you think of $BYND . Personally I am a big consumer of meat but I also care about the environment. With BYND I have taken the step to try and reduce my meat consumption a little bit, like many others will !
Why Beyond meat ? 👨🎓
-They are THE NAME in plant based meats by far !
Your buying the brand, I wouldn't be surprised if this is going to be the popular brand for years to come, like $KO Coka Cola.
🍕 - Fast-food places are selling Beyond meat ! Del Taco, Pizza hut, Dunkin Donuts, Star bucks ---> even in CHINA. It's aiming for huge international growth ! The branding here is crazy again, the pizza hut boxes for example, they all have the Beyond meat logo on them. Free advertisement to thousands and thousands of customers ! 💲💲
💲 - The revenue bynd makes from even one of these fast food deals, suddenly their product is in hundreds of stores across the world. This wont be the last deal like that, that's for sure.
🌿 - Shift to plant based products around the world, the fact that all these companies ( fast-food companies !) are adopting plant based meats tell us enough. Even Mc Donald's introduced a Mcplant burger. KFC sold beyond products, again with BEYOND MEAT brand right in their faces.
🍖 -More and more people are going vegan, and if not think about the amount of people like me who just want to cut down their meat consumption because of the environment or let alone health reasons. This trend is only going to continue into the future.
💰 - CHINA ! Just starting to roll out in China, they are building 2 factories in china. These are expected to be producing on full scale in early 2021. This market could be much bigger then the US or Europe !
💹 YOY growth
• Beyond Meat revenue for the twelve months ending September 30, 2020 was $0.403B, a 74.65% increase year-over-year.
• Beyond Meat annual revenue for 2019 was $0.298B, a 238.77% increase from 2018.
• Beyond Meat annual revenue for 2018 was $0.088B, a 169.89% increase from 2017.
• Beyond Meat annual revenue for 2017 was $0.033B, a 101.34% increase from 2016.
I don't believe this company is going to stop growing any time soon, especially when Covid-19 passes !
Putting all this together my conclusion is that this company is going to keep growing, and It's one I'm holding for 5-10 years. I don't care if this stock goes up 100% or 200%, I will keep holding it. 👌
If you enjoy these kind of articles please give me a follow or a copy on www.etoro.com
$YJ PT 18 and higher...YJ deal is with Douyin, which is TikTokYunji Inc. operates a social e-commerce platform in the People's Republic of China. It offers a range of product categories that cater various daily needs of users and their households, including beauty and personal care, household goods, cloths, food and fresh produce, computer and electronics, apparel, bags and cases, baby and maternity products, and home appliances. The company was founded in 2015 and is headquartered in Hangzhou, the People's Republic of China.
finance.yahoo.com
Beyond Meat Looking For a New Support ZoneChecking back in with $BYND. If you've been following our Beyond Meat Analysis you'll see the level we've been buying at has been around that $125 mark. There has been a lot of activity in that zone and we finally got a break upwards through the resistance. We're expecting a bit of a pull back to find our new support level. If we find support on that previous resistance line in blue we're expecting a bullish continuation (possible cup and handle formation in the making) and our next target would be the $193 area. Happy Hunting and remember keep those stop losses on as the Vix is climbing and we're expecting to remain volatile until after the elections and waiting to see if we're hit with another Covid wave or not.
Hit us with a like and a follow for more updates. Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
Feel free to give us a follow and shoot us a like for more analysis updates.
Bullish Flag or Descending Triangle for BYND?On the RSI there was a noticeable bearish divergence that started in May where I have the red finger pointing sideways, meaning, the price was increasing but the RSI was decreasing, it appears as though the divergence has completed.
On the KST there's potentially a bullish cross happening, I have placed a green finger icon to represent a previous bullish cross, and a question mark to represent where there's one potentially happening now.