Hi Guys! This is a Technical Analysis on Beyond Meat (BYND) on the 3 Day Timeframe. I believe we are in the process of forming an Inverse Head & Shoulders Pattern. Currently in the process of solidfying the Right Shoulder. Which i believe will/ can take couple weeks to form before rallying past neckline. So far every part of this pattern has been...
Hi guys. So BYND is something ive been observing along with LMND and CVNA. WHich i believe these 3 have similar patterns, especially the BULLISH DIVERGENCE on large timeframes like the weekly. This analysis of Beyond Meat is also on the WEEKLY. Im using the Weekly timeframe as i believe these stocks are good investments (holding for more than couple months) for...
Another example of the power of swing trading. This was a range trade that was a loser tested the low end of the range, held range lows with rate of change divergence and reversed higher. After todays enormous move I am going to cut half the position but the trend is definitely still bullish.
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...
Short term bearish long term bullish. Rejection of white trendline and supply zone