BYND reversal?Looks like an H&S is being confirmed. I believe we will see a sea of red across the market tomorrow.
0Q3 trade ideas
Bynd going long test of highsBynd looks to be going for the highs
Need a break of yesterday high
Stop below candle
Head and Shoulder pattern on BYND. Is the meat cooked?!Head and shoulders formed on Beyond. Looking for break of the neckline to take a short position.
#BeyondMeat #Short #HeadandShoulders #pattern We see a head and shoulders pattern beginning to mature on Beyond Meat daily chart.
Take a sell from the neck-line to closest support @pprox 133.70.
T.P @pprox 109.67.
BYND Potential Trading Opportunity?!Good morning/afternoon/evening traders,
A super big pattern could be imminent! Please see the chart.
Please leave the comment if you're interested in this thought. Looks very interesting!
HakoneDream
BYND Wave (2) Pullback before a Longer Term Bullish Outlook BYND wave (2) pullback in progress with more push lower towards $107 to then complete wave (2). Looking to set up some shorter term income butterflies before we rally in same degree wave (3). Check Video Update for Trade Execution.
$BYND Beyond Rips on BABA deal
BYND bounced perfectly of the 50ma yesterday and today we see a huge reversal on the news of
a super deal with Alibaba Retail.
Targets $151 local Fibonacci golden pocket
$156 Historical daily resistance | pivot point
$166 Major Fibonacci Golden pocket
Short interest remains high at 16% so may get a squeeze today.
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BYND decent scrimp soon BYND meat is looking like it could be a 50% fib trade with a decent momentum before earnings. The Stochastic and technicals may signal a buy, but downward pressure may put further price-action pressure. A strong balance sheet may help the company get over the hurdle in August.
Beyond Meat is CookedJust a quick update on the popular meme stock BYND. I pointed out the ominous rising wedge that was forming a couple of weeks ago, and it has now broken. Look for this to correct, probably somewhat dramatically.
$BYND #BYND Potential good buying opportunity This company produces garbage and sells it. That's bullish bc in 2020 people love to eat bullshit. punt when the yellow box get hit and tip me later.
