BYND
BYND InsaneBYND Is not going anywhere in this space, but the current valuation is insane. Looking to do 250 million in sales, there is no way the current valuation ~14 billion makes any sense.
The only thing allowing this to pump the way it has is the stock lockup which has been hands down the best decision their CFO has ever made.
Either way, there is insane reward potential at this price. I'm taking a small put position in to earnings expecting a correction of some sort.
GL~
BYND Hail Mary TradeI'm doing this for shits and I bought 10 puts @ 60 exp Jan 17 2020 $1 each
If BYND drops to around $80 I'll profit $3 per put. If even lower. It'll be better.
Share lock up expires oct 29th but BYND may have a plan and they have had conservative guidance so its also possible that revenues beat and that pushes shares higher for awhile however valuation does seem kind of extreme on this. I may be wrong. I'm not a fundamentals guy.
$BYND Beyond Meat buys around $100, GAP CLOSE at $102 incomingAfter going 430% in a small half a year. Looks like that $BYND is now on track to close the gap from the first weeks. Gap opened from $102 till $121. It broke down under the $121 mark so a downtrend till $102 is on the move.
Buy orders at and around $100 seems valid for a potential bounce of 10, 20 or 30%.
Expecting the same kind of move that happend on $ROKU.
Rebound PeaboundIt's obvious that the trend is down on BYND, however, that's not to say that it will crash without rebounds.
On the trendlines you can see that BYND hit the bottom 4 times (currently at the bottom) signaling a potential rebound. Not only that, it is sitting at the resistance as well (it's slightly below, but that doesn't mean it 'broke resistance' yet).
My advise, calls for the rebound as we enter oversold + bottom of trendline, puts at the top of the trendline for a further downtrend.
**this is just an analysis, do your own research before buying/selling anything**
Beyond Meat - BEAR trend into massive gapTechnical analysis
First earnings report (June 7th, 2019), which made BYND go up around 35%+ and create a big gap.
This gap is starting to get filled on a downtrend.
RSI(10) @27 - Remember oversold can continue to be oversold for a long time.
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Fundamental
Impossible Foods, a direct competitor of Beyond Meat. Is selling burger to Burger King.
Impossible Foods really resembles meat. Beyond meat is just a semi-decent veggie burger (in my opinion).
BYND - Short Potential.Ok, so I was just looking at this chart because of a news article discussing the "Meatless Revolution" I do not own this stock or have any intention of trading it (yet).
I do see a head and shoulders pattern being defined here. I have added my subjective shoulders, head, and neckline to the chart....remember nothing in TA is every absolute. It's funny as the stock is so new it isn't showing my 200EMA on the daily...so this is, like all opinions, an educated guess.
That is my idea, it's now logged, let's see what the future holds.
-Happy Trading.
BYND consolidating before next leg up next weekBYND looks to be at the bottom of a future wedge near support at the bottom of it's uptrend near 160. It will likely repeat what it did last time it made a leg up from 170 and consolidate around $165-$170 for a week. It's uptrend is ~$10/week, which should push it to $180 by end of next week and $10 higher for each subsequent week until it breaks it's current uptrend.
$BYND- It tastes good, but a short will taste WAY betterElliot wave seems to have been completed, and we've seen this stock get a lot of media attention recently.
I personally think Beyond Meat has been way too hyped up recently, and the company will likely do very well,
but the stock price needs a decent correction.
I will be targetting the .5-.618 fib as a zone to close my short, I may also be going long in this zone
depending on how the stock market looks in general.
In light of all of this I still think that impossible burgers taste great, my fat ass ate two of them
from Burger King last night.
BYND breaks out! Time to BUY?Today BYND meat got a buy rating from JPMorgan. As it heads out of the short channel and breaks through the resistance line it might be worth considering making long calls or buying these shares if this trend continues. I will post updates of this graph if you would like.
MY PATREON www.patreon.com
SHOW ME MEAT MONEY |BYND SHORT CHART| BYND MEAT SHORT EASY CASH!SHOW ME THE MEAT MONEY! ~ BYND MEAT has been one volatile little pony. Time to ride that ass into the ground with a short channel money grab. Take caution bc this channel can and will turn around on you and buck you faster than you can say sell. Nothing like going YOLO on BYND shorts for that good times great oldies WSB post wall.
show me the money
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TRUE SCANDAL HAPPENED WITH BYND MEAT SHARE SALES AND ISSUE !!!! SELL THE SHARES OR SHORT THEM - THE COLLAPSE HAS JUST STARTED !!!!!
What happened to beyond Meat is an flagrant demonstration of how top executives and the Law autorise them to screw existing and late shareholders to make tons of money on their back and let them take the slide and huge losses.
clearly selling shares at 160 $ to privileged shareholders is screaming to the market that the 230$ price is way overvalued and it is all natural for the market to correct sharply to 160$ in a short period of time actually all happened from 234 TO 180 THEN the day of sales from 180 to 160 in one day.
Now investors being screwed are frustrated and give up the stock massively adding to that all the short sellers then there is absolutely no wonder the share will slide much lower in the short term as the 6 times profits were totally disconnected from reality however the numbers and fundamentals were good. Revenues tripling and share price making 7 times is a clear disconnection.
And all lucky early investors are looking now their potential profit going south and they will sell also massively to still make a huge multiple bagger
I personally think this should be illegal to offer massive amount of shares to the secondary market before proposing existing shareholders to buy them discounted and issuing right issue to compensate them for the dilution and share price decrease that will automatically follows.
A true scandal !!! and free money to short sellers by tipping them so loudly with this share sales at 160 $ !! I can't believe management or investment bankers advising them on the sales are so dump to not know the consequences .