BYND Super Bullish BTFD I dont care where you sit on the climate change debate as
one thing remains true and that is they want the world eating less meat
and eating this synthetic stuff which will soon enough be in every fridge
in the local supermarket .
Farmers are under constant pressure to reduce Co2 levels etc and cows in this
climate crazy world are harmful...In addition to that the major investor in this
company is buying up farmland like its going out of fashion
Ummm strange huh
Point is we all know where it is going and right now BYND has completed its
retrace and is without question screaming to be bought up so if you want this for the
Long Long term so you can tell the grandkids how you made your millions 30 years from now
then this is the opportunity for you .
Alternatively if you want short- medium term swing trade
to sell at first resistance test around 135/140 then this stock is a win win .
With expansion into the European market place into thousands of retailers during this spring and the
WEF claiming by 2030 that eating actual meat as we know it will become a rarity
its well worth scaling into this one .
Know your Invalidation and always use a stop loss
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1BYND trade ideas
Same story will repeatNext bull run of Beyond will start soon,
Earnings are coming and they will loose again, price will go down and later there will be hope among the vegans that one day veganism and beyond will rule all restaurants
Indeed it is an expensive meat substitute i like the taste it is interesting but I dont eat too much because i believe they use chemicals to obtain such tastes
they have too much competition already with much cheaper, still they are not earning. Something fishy but I bet price will drop ~110-115 and sell back ~120-150 within a couple weeks-months maybe
BYND19 Wall Street analysts have issued ratings and price targets for Beyond Meat in the last 12 months. Their average twelve-month price target is $121.11, predicting that the stock has a possible downside of 7.84%. The high price target for BYND is $190.00 and the low price target for BYND is $68.00.
Beyond Meat, Inc., a food company, manufactures, markets, and sells plant-based meat products in the United States and internationally. It operates under the Beyond Meat, Beyond Burger, Beyond Beef, Beyond Sausage, Beyond Breakfast Sausage, Beyond Chicken, Beyond Fried Chicken, Beyond Meatball, the Caped Steer Logo, Go Beyond, Eat What You Love, The Cookout Classic, The Future of Protein, and The Future of Protein Beyond Meat and design trademarks. The company sells its products through grocery, mass merchandiser, club, convenience store, natural retailer channels, restaurants, foodservice outlets, and schools, as well as through an e-commerce site. The company was formerly known as Savage River, Inc. and changed its name to Beyond Meat, Inc. in September 2018. Beyond Meat, Inc. was founded in 2009 and is headquartered in El Segundo, California.
NOT AN INVESTMENT ADVICE.
Every investment and trading move involves risk, you should do your own research while making a decision.
Best regards
BYND - Stuck Between Two Battle ZonesThis one looks like a break out with Trend Line analysis. But the Demand/Supply Zones on either side of current price mean that it probably will not move very quickly. It does have Positive Divergence on the PPO.
This one doesn't appeal to me until it is above 145 or below 113.
$BYND Breakout Soon?$BYND is a beautiful pattered which could result into a breakout. In the chart I have the top and bottom of the trend lines marked at their prices. Currently I am looking @ 4/9 150 lottos and if we see an ABCDE correction breakout I will go with further expirations. This seems like a low risk high reward Yolo play to me. Comment your thoughts.
Beyond Meat is waiting for a trend It is at a very strong support level at $130-120.
It has strong resistance at $200 and has yet to touch its all-time high around $250 (it will eventually).
3 major oscillators are at the oversold point (buy signal).
It is waiting to start a trend after spending almost 1 year trading in the same range (120-200).
I see no way that it will continue to fall unless something extraordinary happens that impacts the markets as a whole.
The chart is on a logarithmic scale and on a daily candle.
NASDAQ:BYND