BYND elliottwaves analysis hello everyone, i see correction coming based on the wave analysis to confirm break of $117
B2YN34 trade ideas
To Infinity... and BYND!Beyond Meat showed promise as a healthy, enjoyable meat alternative prior to the markets crashing, only exacerbated further by the troubles facing the meat industry right now. I anticipate growth to the 140-160 region within the next few weeks, likely with further upside movement in the long run.
Could it be a bump and run reversal?after hitting the wall at 200MA and also a short term trend resistance, we have pulled back to the assumed bump ...tomorrow will decide things I believe..I am betting long all things considered
Beyond Meat Long TP135Beyond Meat posted better-than-expected earnings for the first quarter Tuesday, but warned that it saw a drop in sales at the end of March as the coronavirus pandemic shuttered restaurants around the country.
The company reported a net income of $1.8 million, or 3 cents per share, compared with a net loss of $6.6 million, or 95 cents per share, a year ago.
The company’s adjusted earnings before interest, taxes, depreciation and amortization was $12.7 million
I am expecting an uprise to $135, afterwards investors will sell their shares. And expecting an increase of the share towards $175.
$BYND $118 target if 200 Moving average breaks
earnings were a beat this the stock moves higher but has struggled pre market to break the 200MA
No guidance was given but the earnings call was as positive as can be expected
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BYND: A potential shortage of meat caused by Covid-19 has causedBYND to break out in a spectacular fashion.
BYND Long & Short AnalysisI am expecting to see a double top form around the 08 area and ill take my proffits
then Ill likely go short first target down lower at 79.66
2nd target lower @ 74.15
what are your thoughts?
BYND Medium RareRising into earnings but personally betting on bad earnings.
Fast food really fell during the pandemic.
What's your take?
BYND Price chart!BYND short term for TP 1 and Long term for TP2 ! short term 2 weeks long terms for 6 weeks!
BEYOND MEAT ($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.
BYND just a little undercookedUPDATE FROM LAST POST:
Suggested downtrend into earnings but if bounced off of support today (it did) then a rise into earnings
News made people think overcooked. Temporary drop because of it.
BYND Overcooked and may drop through earningsThis company is not protected through the virus.
Wells Fargo affected its stock price dramatically.
Long term Bull for the next few month, volatile with short opportunities
NASDAQ:BYND
BYND: Beyond Meat is a SELLThe stock has bounced hard but is now facing the upward trendline with MASSIVE daily negative divergence. This puppy drops hard next week.
BYND exhausts momentum, rolls over, and taps outs$BYND has been on a terror for the last few days, coming back from a 52 week low to embrace an all-time high. In total it took 30 days to rake in a 230%+ gain.
Now the rocket has come to an end. Here's how the chart plays out:
After seeing a last-ditch spike of buying interest, it gapped up out of its previous channel to set it's the new high in price and volume.
A second attempt at the high was repelled before it retraced to the first Fibonacci level of 0.236 ($99 Resistance Level)
Established sideways channel
2 Additional attempts to test past high, both failed
6 progressive new lowes
Increase selling pressure forced it past $99 to $97
Projection: $BYND will continue to fall throughout the day tomorrow and second Fibonacci level and resistance point of 0.382 ($90.00)
I'd love to hear your thoughts. Leave a comment and let me know if you agree or see something different.
+$1290 today on 5 tradesHi Guys,
Some over-trading today and a lot of rule breaking. Won 3 and lost 2 but came out on top! Green results in the chat room also!
Enjoy,
Enda
$BYND Beyond meat targets | Resistance levels
The short squeeze continues in BYND but be careful as some major resistance levels are approaching
The overall Fibonacci .382 retrace level @$123.58 is a key level to watch
BYND Meat | Heating Up or Cooling Off?As we approach the next NASDAQ:BYND earnings report, traders may be looking for an entry. Although we'd all love to play a good earnings report, I don't think I will unless we can break out of this bullish flag and long-term resistance. I'll update this play this week.
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