BYND - after earnings buyLook to long BYND after earnings and to see a run up.
- Looking to see a bounce on the ema line and enter trade with volume. First target level is $131, second target level is $145
0Q3 trade ideas
$BYND Long idea$BYND closed strong on friday with a green hammer off key area. Also sitting at the bottom of it's range, we could see $140s and $160 soon. I like entry here for swing for at least 2 months. It could take a while to get up there again. Great RR due a tight stop under $116.
Byond Meat trading ideaEarnings reacton fractal.Support was strong and bounced, bullish wedge open to upside.
Beyond Meat Descending TriangleI originally bought BYND @ $112 a few weeks ago. Since then, it peaked @ $160 amid news of recent hire Phil Hardin to CFO. Hardin was considered a "veteran" at Amazon where he previously worked as a VP of Finance. I'm waiting to confirm this pattern. If it hits $150 before the end of October, I will sell. I will then buy back in where the triangle forms around $117.
BYND - impulse 3The idea of growth is momentum 3 in a wave with Elliott waves.
we have a large A wave of 5 waves
, then there is (a) a sub-wave of the wave (B)
then a triangle (b)
and now a 5-wave movement of the sub-wave (c) is developing within the framework of a large (B) wave
BYND $110 target late JulyBYND $110 target late July, but inevitably it will go exponential
- MACD turning over, looking bearish.
- High RSI ( should be below the 30% line for an excellent buying opportunity.
- Fib spiral support at 110 - to certify that this fib spiral is correct, I would like to see the share price touching it a few times more.
- Also gap to fill at 126 and 110.
Will start posting more TA ideas on twitter once i get a substantial amount of follows for it to be viable.
BYND - Big move coming!-Wolfe wave triggered on multiple timeframes
-TTM Squeeze forming on Daily
-Pennant/Wedge formation
-BYND is getting ready for a big move.
We bounced off of the 200 SMA perfectly and using it as a support.
Contract Suggestion:
7/16 155C @ 1.70
7/16 157.5C @ 1.38
bynd daily watching to see if the 9 ma holds
a rejection here would suggest it retest the lower trend line
watching gp for rejection
Beyond FoMo... Speculation.Beyond Meat is breaking out of a Bull Flag and is at the bullish 50 & 200 day ema crossover point. If the price can break through and stay above the strong 170 resistance area for a couple weeks this could confirm a bullish long term trend. Although there needs to be a considerable increase in volume to make this happen.
Watch out for a "Fakeout" above resistance which could have high volatility like on Jan 26th
A covered straddle option strategy is useful in a scenario like this when the price could move up or down quickly.
The RSI is looking weak, the price could move down after getting rejected at a resistance point and remain in the pennant shape for many more months until it makes its major move out.
Make sure to be aware of the overall market conditions while trading and avoid over leveraging in risky setups.
BYND Long SetupNASDAQ:BYND broke out of channel two days ago and has setup a favorable long trade.
Entry above today's high at 157.45
Stop loss under today's low at 151.47
Profit target has multiple options but I am going just under the resistance from 2/16/21 at 183.50
Risk/Reward ratio of 4.36
$BYND starting the week as planned...Going to give it one more day on the call spread for a big pop...holding $165/$185 call spreads for 7/2...another entry could be a $175-$195 call spread for 7/9, wait for the next pop out of this range
$BYND taking a flier...Going in for a few $165/$185 debit call spreads at $0.35. Risk $35, Reward $2,000 if it jumps big, but as always I'm just looking for 100%. A quick move early next week could give these a nice 100-300%.
BYND FlagBYND is has been consolidating in a flag type formation and is now pushing upwards in the range looking to break above the 154 area, which could lead to a further breakout to 163
