BYND trade ideas
$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
BYND - Bearish Below 145BYND is in a rising channel and showing weakness which will be further confirmed when we see downtrend develop confirming a lower low and lower high. BYND has been trading sideways with weak volume which is customary before a breakout but I would expect a break to the downside in next two trading sessions below 145
Bullish signals for BYND. $144+ is the target priceNASDAQ:BYND
According to my analysis we should see a move up once it breaks out of this price channel. I see it in my crystal candles haha
I have my options and am ready for the move up! Anyone else in?
BYND Weekly Pump? | Option UpdateWe may see a bit of a correction back toward 133 before we see a pump to $150. This channel is strong & should hold support.
Contract I'm looking at
- BYND CALL $150 5/29 @ $365 Per Contract
Do not trade this you will lose money.
DotcomJack | Easy Loot Trading
Buy RetracementReally nice performance from BYND, sales are up 264% since March**
Strong financials.
5 Elliot waves up, waiting on retracement to buy off the range below.
Strong supply market, long term TP.
**
www.theverge.com
$BYND Bulls Win, But Resistance Now in PlayBYND is hitting a key ceiling. We were bullish at $95. We are happy to bank this rally here. The hit to meat is a big factor. But the company has growing competition and no major moat.
Rating: BYND - Beyond Meat - SellNASDAQ:BYND : Sell
Technical Analysis
Analysis Method: Fibonacci & Wave Theory
The chart shows that BYND is currently building a base in an ABC Correction sequence. Currently, BYND is in the C Wave Position.
Expect a .618 Fibonacci Retracement from current levels.
Target Area: $97-$69
Time-Frame: 49 Days
Fibonacci Technical Analysis:
Find more analysis on FibMarketWatch.com
