BYND trade ideas
BYND BREAKOUT!.... Cleared VWAP and 200DMA $180 coming$BYND
Beautiful move to stay up and clear its VWAP which is a big deal and getting ready for Pre-Earning runup
Target-1 $166
Target-2 $183
Stop Loss: 134
BYND - LongThis is my favorite set up of the week. For me a clear break and hold of $147 is a signal to long. Drop off in volume with sideways consolidation is a good sign for upward momentum.
huge Cup & handle on BYNDHuge cup and handle on Beyond Meat's chart. Still has high short interest. In the long run this should be a $200 stock.
BYND appears to be on the 1st Elliott waveI will be keeping stops pretty tight on this one since we are only on the first wave. Giddy up!
Final Beyond idea before ralliesStep 1 - Look at 1 year RSI ( lower than in the march dip ) signifying buy.
Step 2 - Multi coloured fib levels used to imply the highs, however due to recent market uncertainty the .618 fib level signified the bottom of this crash. The black fib levels previously signified the lows, now they will signify the next high at around 170.
Step 3 - Previously, technicals all has had a double bottom before the rally, this double bottom has been justified once again, ready for the next upwards move.
Step 4 - the gradient of the previous up runs are fairly consistent, and the current gradient projects the price being 170 at around june 18.
Hope this helps you all. Can easily see 40% gains within the next month.
BYND BUYAfter a missed entry at $120, there is a new LONG entry if price closes above $144.
strong buy.
NASDAQ:BYND
Remember, this is only published to share my view and analysis!!!
Always do your own due diligence before making any trade.
TP 1: 166
TP 2: 180
SL : 140
potential short squeeze target BYND30-day put-call of .7 has fallen to .4 for the 1-day put-call which is a bullish indicator. If retail traders get behind this name forcing those who are short to cover, they could push this back towards its high of over $200 a share.
Short & Put-Call info provided by Schwab.com
ByndIn my opinion big move coming with a high probability... there is a chance we see early in the moving $159-160 and then a quick drop toward $140-$135 a share and then around closing bell we will a big move toward $170 closing strong and Monday we may continue for a big squeeze toward $240-$295
BYND Potential Swing?Mainly just thoughts, have yet to do the F.A.
1. Bullish Golden Cross 50/200 crossing
2. RSI got hot quick but it's cooling off, I could see another try to stay above 120 (200MA) on 5/25.
3. I see the reversal and hopeful entry point of 114 (bottom white line)
4. Stop Loss would be crossing below 20 MA
5. Daily shows that 200MA is around 142, could be where I sell off my entire position.
6. NOT SHOWN: MACD showing bullish signals
Not trading advice do your own research
Two ideas going forwardBullish in general but need to break the $133 zone and bounce away. Depends on the general market next week. Great company in general for long term hold.
BYND- TESTING YEARLY SUPPORTHI THERE,
HAVENT POSTED MUCH AS I HAVENT BEEN TRADING ALL THAT MUCH RECENTLY. BEEN FOCUSING ON BUILDING UP MY LONG-TERM PORTFOILO WHILE LETTING THESE CURRENT LOSER SWINGS PLAY THEMSELVES OUT. (APRE & CETX)
THIS HOWEVER IS IMPOSSIBLE TO SAY NO TOO. BYND IS TESTING YEARLY SUPPORT WITH THE SHARE PRICE BREIFLY BREAKING THIS LONG-TERM SUPPORT AND HAS NOW BROKE THROUGH THAT SUPPORT, ACTING AS NEW RESISTANCE.
THERE IS STILL SOME CHANCE THIS FAILS AT CURRENT LEVELS, AND COMES BACK TO $100 AND TESTS SUPPORT, BUT I FIND THAT SEVERLY UNLIKELY.
ESPICALLY WITH THE OATLY IPO LAST WEEK, AND RUMORS ON IMPOSSIBLE FOODS SPAC, AND MORE IMPORTANTLY THE CURRENT VALUATIONS OF IMPOSSIBLE AND OATLY COMPARED TO BYND, SCREAMS THAT BYND IS CONSIDERED UNDERVALUED.
IM SO CONFIDENT ON THIS THAT I WILL BE SELLING OFF SOME LMND SHARES I RECENTLY BOUGHT ON THE EARNINGS OVERREACTION TO COVER THE COSTS OF THIS TRADE (I LOVE LMND BY THE WAY!)
GOODLUCK TRADERS! THIS ONE SHOULD BE A NICE AND EASY LONG TERM SWING!
BEYOND MEAT END GAMEDuring the next 2 months, the stock market will undergo a correction due to inflation fears. Beyond is a great company, however, this drive will cause the stock price to drop to the maximum possible retracement, .146 sitting at around ~$73/74. This is confluent to the bottom of the triangle.
The worst-case scenario is that we enter a bear market for some reason greater than inflation fears. If that happens then BYND will go to ~$33/34. Technicals Support this PT because the length of the head and shoulders along with the length of the rising wedge give the same number when we position the est trendline. BYND balance sheet isn't the best since they are consistently losing money.
The best-case scenario is we bounce from my target and retest the top of the triangle.
When the day comes where we break that triangle, I can see $1000 in a couple of years and $4000 by 2050.
BYND LONGFirst target is the 0.382 fib level and second target is the 1 fib level. Fog horn pattern implying bullish. We could have predicted this same old story.... before earnings it crashes, after earnings it flies.
$BYND Setting up to run | Summer RunnerGonna run this summer
Entry: $120-$130
Targets: $172, $183, $191, $227
Stop: $113
DCJ
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
Like and follow me for analysis and signals
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
