Beyond Meat trying to break resistance
Alert set for break above the $130 level for possible long entry
4th attempt to make this break , resistance should be weakening
Upside target $140
0Q3 trade ideas
BYND breaks out of Bull FlagBYND has broken out of the Bull Flag it had formed, I'm looking to sell at 180-185.
Golden Cross on 4hr BYND Chart The bulls have gotten the Golden cross on the 4hr BYDN stock chart and we also saw a dip and a bounce right on the 50ma where we were hoping to find support.
We're staying long at the moment with BYND especially until earnings date about 9 days away. Say Tuned!
Shoot us a like and give us a follow as we come back with more updates.
Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
BYND Earnings upcomingBYND is about to have its earnings, I am expecting it to continue this pattern until the run up to earnings and then the stock will plummet thanks to the lackluster sales of the "beyond burgers".
BYND BUYIf the price breaks out of the yellow triangle, this stock could rise upwards of $12. I think it has the potential to do so as well. Is it worth a buy at market open though?
Opinions?!?
BEYOND MEAT - GOING DOWNPOSSIBLE FALL OF THE STOCK TO 90-100 RANGE, SMMA 9 STARTING TO CROSS SMMA 26, OSC BEARISH AND A POSSIBLE FORM OF A DESCENDANT TRIANGLE. TAKE A LOOK AT THE TL FROM JUN 2019 IF CROSSED THIS STOCK COULD BREAK THE BEARISH TREND TO GO TO $135.
+$1000 win on $NVDA?Hi Guys,
After ripping on $NVDA for the past 2 weeks it gave me some love today on Valentines day. Nothing else make sense and $NVDA have huge volume so I went for it. First time at 1000 shares in a long time.
Talk to you in the next one,
Enda
break ichi, cup and handle, retest cloud, ema crossbreak ichi, cup and handle, retest cloud, ema cross, trend line retest + break.....
all on the 1day... yes on the 1D bull time !!
WOW could there ever be a better time to enter BEYOND MEAT! (BYND)
$BYND ER run up BYND looks like it wants to break out. Looking for a PT of $123.60. could be a possible ER run up opportunity
Is Beyond Meat Roasting the Bears?The bulls and the bears have taken their turns feasting on plant-based food maker Beyond Meat . First the bulls, then the bears … and now the bulls may be back.
BYND initially flew higher after its May 2019 IPO, ripping from $25 to over $220. It then fizzled out and crashed all the way back down into the $70s.
Buyers came back with an appetite in 2020 and drove it back over $100. The heavily-shorted stock soon formed a bullish flag and volatility began to fade. Back-to-back inside days occurred on February 5 and 6. That signaled its wild swings were calming down.
Technicians watch for this kind of pattern because breakouts usually follow price contractions. Since the initial move was higher, it created an opportunity for classic trend following to the upside.
The confirmation came the next session with a high-volume candle and BYND's highest close in February. That put some pressure on the bears and started squeezing the shares higher. Now they've got about two months until earnings to sweat it out.
Bear Case For Beyond Meat $100 Price TargetI have shorted BYND with a (BYND Put Option @ $100 Exp. March 27th, 2020) I expect the share to move down to $100 to $90 within the next few months.
