0Q3 trade ideas
All Time Support + MA Cross + LambdaTrader SignalBYND price is hovering above all time support. 9MA and 36MA are gearing up for a crossover couple that with LambdaTrader signal this could be a nice long play. Debit Spread or a deep in the money call may be a great option here.
BYND LongBYND business growing massively and there is an equilateral triangle ( which generally breaks out 2/3 of the way to it's tip). Could possible break out upwards in time for the next earnings possibly.
Beyond meat potential long term growthHello everybody and welcome to a $BYND bullish scenario 🤠
Long story short
New competition doesn't seem to be able to penetrate the plant based market. Beyond meat is the only brand that is really placing it self to be a market leader. When you think plant based burger, chances are you think of $BYND . Personally I am a big consumer of meat but I also care about the environment. With BYND I have taken the step to try and reduce my meat consumption a little bit, like many others will !
Why Beyond meat ? 👨🎓
-They are THE NAME in plant based meats by far !
Your buying the brand, I wouldn't be surprised if this is going to be the popular brand for years to come, like $KO Coka Cola.
🍕 - Fast-food places are selling Beyond meat ! Del Taco, Pizza hut, Dunkin Donuts, Star bucks ---> even in CHINA. It's aiming for huge international growth ! The branding here is crazy again, the pizza hut boxes for example, they all have the Beyond meat logo on them. Free advertisement to thousands and thousands of customers ! 💲💲
💲 - The revenue bynd makes from even one of these fast food deals, suddenly their product is in hundreds of stores across the world. This wont be the last deal like that, that's for sure.
🌿 - Shift to plant based products around the world, the fact that all these companies ( fast-food companies !) are adopting plant based meats tell us enough. Even Mc Donald's introduced a Mcplant burger. KFC sold beyond products, again with BEYOND MEAT brand right in their faces.
🍖 -More and more people are going vegan, and if not think about the amount of people like me who just want to cut down their meat consumption because of the environment or let alone health reasons. This trend is only going to continue into the future.
💰 - CHINA ! Just starting to roll out in China, they are building 2 factories in china. These are expected to be producing on full scale in early 2021. This market could be much bigger then the US or Europe !
💹 YOY growth
• Beyond Meat revenue for the twelve months ending September 30, 2020 was $0.403B, a 74.65% increase year-over-year.
• Beyond Meat annual revenue for 2019 was $0.298B, a 238.77% increase from 2018.
• Beyond Meat annual revenue for 2018 was $0.088B, a 169.89% increase from 2017.
• Beyond Meat annual revenue for 2017 was $0.033B, a 101.34% increase from 2016.
I don't believe this company is going to stop growing any time soon, especially when Covid-19 passes !
Putting all this together my conclusion is that this company is going to keep growing, and It's one I'm holding for 5-10 years. I don't care if this stock goes up 100% or 200%, I will keep holding it. 👌
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BYND Rebound? 158?Price bottomed in big support $121 and MA200. Time to rebounce, if we can get through the EMA50, $158 seems a fair target. Target price $158. Stop Loss: breaking MA200.
BYND has the potential of adding 20-25% to the current priceBYND had reversed from the 200-day moving average below and forming a "cup-and-handle" pattern - a strong bullish signal. Considering the renassiance of other IPO stocks and rebound of small caps, we may see it breaking up and reaching the 180 area.
BYND go long..it's about to break..It is breaking out from the triangle made recently, see the breakout in either direction.
Long BYND Beatdown play. This chart is on the full life of the stock.
Found support on the long-term .3 Fib and at the Point of Control (POC - redline)
Pushing toward key FIB levels on all time high/low and current sell off retrace.
BYNDI flipped some quick shares after hours on their earnings date from $113.00. If I had held even a little bit, I would be selling them at this level. Think it needs some time to base a little bit. Like it above $146 if/when it can get there.
BYND longIm going to look for options into April of 2021,
Going to browse for prices.
May buy 2 calls and take profits on one of them at the first level of resistance, or keep them depending on volume.
BYND Upward TrendingBYND looking for upward movement. It's initial run did a retracement and then continued on up. It's testing a key level which also is within a Fibonacci channel. Look for a confirmation candle on the daily for an entry to the upward channel range.
BYND food stock for food hangoverHope everyone had a great Thanksgiving if you're in the US! What better way to recover from a food coma than to analyze a food stock?
I'm comfortable with traders being bullish on NASDAQ:BYND to retest the 2020 high so long as it holds the post-earnings low. There is clear price action to structure a trade where your risk and target needs to be. So loosen up that belt and relax if you're long!
BYND LONGBasing above 200 ma and wonder cloud. Short term expect a rip back up to previous highs. Invalidation below 200 ma.
Bullish Cypher PatternPossible stop under D
Long entry level for this pattern is too far over support for me to enter this at that level
There would be support at that red resistance line at 141ish after price crosses it and in a clear uptrend.
It is trying to do so now
That is all I have to say about that..lol
Volatile stock so be safe
$BYND - BEYOND MEAT INC // LONGBounced nicely around .618 FIB. This should act as key support going forward. Currently oversold.
IMO $BYND had an overreaction after earnings. There is a small GAP to fill.
Targets are given in the chart.
BYND Trade IdeaIf we see hold of 138 zone, we should be seeing 145.
Entry would be on retracement at 138; and stop loss of 70c below it.
BYND Choppy but Bullish at 0.50 Fib/PL. BYND
Today's Date 11/18/20 Wed 3pm
Bullish
Orange PLs drawn from 4h chart.
Plan TLDR: Wait til stock falls to 0.50fib/strong PL Support/132.55, buy in, sell at 0.618 fib (140.39)
Plan: 0.50 Fib & 132 price point have been strong supports for BYND. The stock fell sharply due to McDonalds announcement of the competing McPlant burger, and it looks like the stock is zone trading between 0.5 fib and 0.618 fib as trading assess uncertainty. Make the quick play -bullish on 0.50 fib.
