B2YN34 trade ideas
$BYNDWhat can we say? I have tried their Dunkin sausage sandwich and BKs burger.
Pretty good for...whatever it really is.
It is basically at the 50% mark of it's ATH and beginning of life. They will
creep more and more into our food sources. It's the way to go. I see the
frozen food offerings in our Publix meat section and (at)QuarryRock sees
them up in the NE at Wegmanns.
BYND Engulfing Candle, Reached Resistance Area, Gap Down BellowBYND Engulfing Candle, Reached Resistance Area, May want to close Gap Down Bellow
+$1837 today with 3/3 wins. ( COURSE COMING SOON!!! )Hi Guys,
Another easy day in the market with 3 for 3 wins. We are designing a trading course at the moment which will teach you how to go from zero knowledge to trading profitable in the chat room with us!
Enjoy,
Enda
$BYND Looks set to retest $145
$145 is strong mid channel resistance that held strong during previous bullish move.
Wise to take profits close to that level and await breakout.
Fridays news of partnerships with KFC and Pizza Hut were slightly overlooked so maybe we get some continuation today
Short interest remains high 19%
BYND FIB RET. Trend Break A couple weeks ago BYND was in a Bearish triangle and ended up dropping below support. New catalysts are in play now and could mean a Bull run. Let’s see tomorrow if BYND can break the downtrend and hold. If it’s weak tomorrow at open then it could drop to 110s Right now I’m neutral but interested in making some type of play on this stock.
Purchasing BYND calls during June.May's monthly candle closed above April's high.
If price returns to April's high, then I will begin purchasing call options at the 116 strike with a July 2 expiration.
BYND AND SNAP YOUR NEW MKT LEADERSup up and more up
will be 160 soon where last offering was made at
BYND Probably a wedge breakdownAfter that huge run and no big catalyst other than increasing short interest this one seems to be giving away. 126 then 109 in couple of weeks is not impossible
$BYND ABC Correction before 175+!★ Projected ABC correction coming for Wave 4 (MACD, RSI weakness supports)
☆ Potentially a prime spot to long @ Wave 4 completion for a follow through to Wave 5 $175+
★ This would also form a bullish inverse head and shoulders pattern
BYND potential cypher formation might take it to 200sNASDAQ:BYND potential cypher formation might take it to 200s which is a potential reversal zone. First price target is 166.7, Second major resistance is 189. 200 seems to be a stretch but can be as part of exhaustion gap up.
$BYND Shorts still hanging on
Will be looking for long above $146 if market remains strong
otherwise we may have a short opportunity
Stock carries a high 23% short interest which have yet to switch sides.
Beyond Meat, Inc. engages in the provision of plant-based meats. Its products include ready-to-cook meat under the brands The Beyond Burger and Beyond Sausage; and frozen meat namely Beyond Chicken Strips and Beyond Beef Crumbles. The company was founded by Ethan Walden Brown and Brent Taylor in 2009 and is headquartered in El Segundo, CA.
-$130 today with 4 losses and 2 winsHi Guys,
Very tough trading today, the SPY really had it in for me!
Kept the wins bigger than the losers.
Enjoy,
Enda
