BYND: A potential shortage of meat caused by Covid-19 has causedBYND to break out in a spectacular fashion.
0Q3 trade ideas
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 ($BYND): Bullish Beyond Earnings?✨ We provide charts every day ✨
Like and Follow to help us grow family! 🎉
---
Looks like bull, tastes like bull, but its time to find out what this Beyond Meat is really made of going into earnings. Look, people need to eat even during COVID, but are they eating enough Beyond Meat for price to break through resistance, that is the question?
---
1. Fractal Trend is showing an uptrend (Green background color) for BYND on the 30 minute chart.
2. An uptrend into earnings is good news for Beyond bulls. That said, we are making plays based off of Breakaway Scalper, which currently is signaling neutral with a Grey Bar color after a profitable long (Green bar color) that ended April 27.
3. We are currently waiting on a definitive signal from Breakaway Scalper (for example a long signal as long as the uptrend remains).
4. Assuming the uptrend continues, we will be looking for reactions at R1 - R3 to the upside.
5. If we head lower, the S1 orderblock cluster is a logical spot to find support, while "the floor" highlighted on the bottom represents the last hope for Beyond bulls.
BYND just a little undercookedUPDATE FROM LAST POST:
Suggested downtrend into earnings but if bounced off of support today (it did) then a rise into earnings
News made people think overcooked. Temporary drop because of it.
BYND Overcooked and may drop through earningsThis company is not protected through the virus.
Wells Fargo affected its stock price dramatically.
Long term Bull for the next few month, volatile with short opportunities
NASDAQ:BYND
BYND: Beyond Meat is a SELLThe stock has bounced hard but is now facing the upward trendline with MASSIVE daily negative divergence. This puppy drops hard next week.
BYND exhausts momentum, rolls over, and taps outs$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.
Like & Follow For Future Updates!
DotcomJack | Easy Loot Trading
Opportunity for long on BYNDBYND moved a significant amount this morning based on news. It has however pulled back which is expected in a bearish bat pattern. It is also struggling to hold the 50 day MA. However, it is likely to attempt the previous high at 102 if continues its progress.
Beyond Meat - $BYND - Low Risk Channel PlayBeyond has gained major traction after COVID-19 and China's opening as well as solidifying deals with large corporations like $SBUX and others. With COVID-19 and the recent news of issues with supply chains regarding meat production we saw a major move to the upside last week. I believe we will see a large correction in the coming week, however I do believe the long-term outlook on $BYND to be quite bullish. In the short-term, restaurant related companies are still struggling and this should have a major affect on the stock, a high-probability short is in play targeting the $80 area.
BYND falling wedge is broken to upsideNASDAQ:BYND can retest the upper edge before ER on May 5. Accumulating longs
