BYND trade ideas
BYND Breakout going to happen. Buy the dip and then ride it up!BYND Breakout going to happen. Buy the dip and then ride it up! Squeeze happening at the same time of upper highs. Shorts are going to try and battle with market makers and they will lose to the thrust upward.
$BYND Beyond Meat Day Trade
Potential long entry above $155.
target price $165 but could run much much higher
BYND LONG This is a tricky one but I want to be long on BYND. As you can see as it has held support over the past couple trading sessions it has been accumulating volume and is setting up nicely to make a move to $200. This one is wanting to go higher and in a market with not a lot of major competition BYND could make another run up.
*NOT INVESTMENT ADVISE*
BYND LONG Solis chart. Confirmed the breakout with news and high volume towards the close. I could see this one running to $200 ish. However these can always end up going the other way but pretty confident this will be a good one.
*NOT INVESTEMENT ADVISE*
BYND BUY OR LONG , TARRGET UP TO $220BYND wants to confirm a "Round Bottom" chart pattern, which is very rare if the price hits $171.5 I will open buy.
BYND buy : $171.5
BYND target : $220
Stop loss : 6%
Wish you a good deal!
BYND options trade idea 09292020today we take SC 220 average price 45 usd without transaction cost
the IV of the contract in the front blows up when BYND started a mimi rally, creating great opportunities.
09/28/2020 BYNDBYND may have just finished a wave 4 triangle or a 1 2 1 2 formation and is going into wave 5 of wave 3. This ending wave 5 may be a part of a leading diagonal which could be wave 1 of an extended wave 3. Also there exists trendline support which provides clear defined risk. PT is at least 160, looking for 165 (triangle throw over).
BYNDThis one has been strong this past couple weeks after multi-week side way consolidation forming strong base. 160 & 172 are next levels of the monument continues, MACD setup well.
$BYND Looks Ready to Breakout from 4 Month Rounded formationNASDAQ:BYND been working on a 4 month rounded formation that is bringing the stock back to the $164 level. Volume pattern is showing aggressive accumulation during this period increasing the probably of a breakout soon without this pattern transforming into a cup and handle pattern (pull back before a breakout takes place).
A strong daily close above $164 would trigger a long entry with a possible price target of $230-$235 targeting prior ATHs.
Cup and HandleNo rising wedges in this chart. There is a double bottom before uptrend
Price is not to entry level
HL= Handle Low
There is an unfilled gap under price
NV is low.
Short interest is high
This was a H&S pattern that never developed
I am not in this one but good luck!
To me it is the food stock of TSLA..lol. It is not my fault if I just do not get it! Just reading the pattern and again, this is not to entry level
Not a recommendation
BYND 1D RANGE TRADINGRanges are repeatable trading chart patterns.
Ranges are consolidation chart patterns that can breakout either direction.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending Volume bars and descending ATR line (which indicates volatility) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of average volume for a full position size.
b - If 75% of average volume then ½ position size. (To find 75% of Volume
look at the charts volume settings – divide smaller # into larger # = 75%+)
2 - Enter two trades.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 – After Breakout candle – if price closes back into chart pattern close trade
*9 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
d – If Price returns back into chart pattern close trade before SL is hit.
"Cup and Handle"One of my favorite formations is about to befall.
Low volume is needed during the "Handle" part and high volume needed when breaking out. Watch out for these signs.
And also set a stop-loss around 131
$BYND Long Above $151 In Beyond meat
As with most stocks the heavy selling last week brought the bull run in BYND to a swift stop.
Mondays 5% reversal of the lows is very encouraging though and sets up continuation today.
Short interest remain high at 13.33%.
Possible long entry above $151 with $157 as our short term target.
Longer term the June high @ $167 is on the horizon
BYND LongContraction leads to Expansion. Bought on a pull back to the BB1. Need price to close above 151.53 to expand to the 160s.
As always, price is supported by the Double Bollinger Band trend zone.
BYND: Bullish long term and Short TermOwnership: 25SEP21 160/162.5C (Debit Spread) – Day/Swing Trader Portfolio
I own both Shares and Options - Long Term Portfolio
Description:
I am an alternative meat eater 2 days out of the week, I do this both for health reasons and environmental. I'm a bigger fan of impossible meat than BYND, but still believe in BYND as a company. Let’s talk short term though.
BYND saw a HUGE run last week where we jumped 17%! Then we saw a healthy market pullback along with the rest of the market. As of right now we are in a healthy Ascending Triangle and I believe we’re heading to 158.39 which is a strong weekly resistance right now. I’m also waiting for my DOA Sniper to fire Green.
If we break 151.35 on Monday, I see us heading to 158.39, then 167.59/168.36 very easily. Once there we’ll either keep climbing or drop back down with an easy pullback to the weekly resistance.
PLAYS: I would stay close to ATM/ITM for any short-term swing trades, I’m bullish it’ll run so you’ll make your money either way. Because of the overall market uncertainties STAY RISK MANAGED no matter what you do lately.
