BYND LONG OR BUY , TARGET $190BYND The operation inside " Rectangle " looks very tight, breackout $148.20 for target: $190
BYND buy : $148.20
BYND target : $190
BYND stop loss : 7-8% .
Wish you good deals!
BYND trade ideas
BYNDI expected this thing to get moving after the false breakdown in early January, but never thought ATH this month was even a possibility but here we are!
ByndPerspective on channel.. although 240 is its channel top on the weekly it might bust through. 240 would be my reference point to exit the trade if Resistance starts show around that area.
BYNDAs one cool trader I know says, millennials will consume Beyond Meat at all costs once the pandemic is over. Six months of consolidation are completed, a triangle has been formed, and its breakdown has already occurred (see the right big yellow circle). Now it is expected to retest the edge, and the achievement of 2 targets - the first goal is 164.28, and the second goal is 202.39 dollars, for a total increase of 58%. The paper forms and executes patterns well, the reliability is quite high. Growth will not be fast - calm movement is assumed. A good opportunity to enter this paper in the medium term.
BYND trading perfectly to the technicals. Quick 20% profit.On the January 14th post, it ran into the resistance after breaking out of the wedge. I put out one of the two scenarios. Breaking though the resistance and going up til the next target or quick pull back to the support level and breaking out. It pulled back perfectly and defended the support and today finally advancing to the short term target. Quick 20% profit.
Have a good trade everyone,
T.
Maintain Long Position for BYNDThis is updating the previous ideas, complete with additional fibo ret and fan. The uptrend movement a little bit side ways, but swing prediction remains the same for LONG position NASDAQ:BYND
Disclaimer:
This information is for educational purposes and is not an investment recommendation nor to be representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
BYND UPTREND, buckle up! JUST MY OPINION
I believe BYND will rip trough next week!
Chart is our friend and headlines news are helping the ods!
Cup & Handle is forming and we might head to the second pivot resistance around $160!
Huge volume kicked in recently after Reuters released this statement:
BRIEF-Beyond Meat announces partnership with Chinese restaurant chain Jindingxuan
* BEYOND MEAT SAYS HAS PARTNERED WITH CHINESE RESTAURANT CHAIN JINDINGXUAN ON PLANT-BASED BEEF DISHES
* BEYOND MEAT SAYS DISHES NOW AVAILABLE AT 18 JINDINGXUAN RESTAURANTS IN BEIJING
Source: Reuters
** This is not financial advice, trade at your own risk, markets are very volatile and indexes where at ATH this previous week! **
Beyond Meat ready for another run?Taco Bell said in a prepared statement that it expects to test Beyond Meat menu items in the next year. Taco Bell is owned by Yum Brands (YUM).
The Taco Bell agreement is the latest marquee partnership for Beyond Meat. On Nov. 9, fast-food giant McDonald's (MCD) announced it would begin offering McPlant menu items. (Source: investors.com)
The indicators are looking bullish once again on most timeframes.
Please leave me a message if you want to test the buy and sell indicators that i am using.
Setting up for a clean move Follow me for clean charts you need to wait on a breakout, if you can get the break get calls for the move back to 170
How to trade this and my trade idea around this will be covered in tonight's free trade idea webinar hit the link to sign up us02web.zoom.us
$BYND Beyond Meat A Short Squeeze Candidate this week.
One of the top stock we will be watching this week as it continues to gather
interest and momentum post the December tax loss selling.
Levels to watch are n the chart .
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BYND 6th test breakout w/FlagBYND has tested the 144 range six times. It recently got rejected on its sixth test for a minor pullback which has now formed a small flagging range. This looks like it will test 144 again from the current price at 137. This is a play up to 145 and has 150 as a potential breakout. With each test of resistance it takes out supply and increases demand at that level.
BYND - Target USD 140NASDAQ:BYND
Setup for Head and shoulder with neckline @ USD 118 or reversal and further upsides?
We go long, target USD 140.00!
BYND Long Swing Trading PotentialPotential upside NASDAQ:BYND
Disclaimer:
This information is for educational purposes and is not an investment recommendation nor to be representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
BYNDI would go long over 142.5 or you can wait for the 147 break. BYND fails a lot so you have to be quicker to take profits. I would go short under 135.
Beyond Meat big crash (update 1)First crash:
Short entry: 140 usd
Long entry: 65 usd
Second crash:
Short entry: 110 usd
Long entry: 25/31 usd
This is my personal opinion and this is not a financial advice! Good trading!
BYND breaking out of wedgeBYND is breaking out of bulling falling wedge very impulsively.
Highest volume since November, 20202
Divergent low on indicators
Low level bullish crossover on PPO
Oversold reading on RSI
Successfully bouncing on the bottom of the descending channel (yellow line)
Above presented pretty objective long entry with stop right below the bottom of the channel.
Where does it go from here....?
Higher.
It is testing the resistance from the bottom. It may blast though it or pull back to the resistance and push up higher. If it does pull back to the support or breaking out of the resistance will present another objective places to add on to the position. Next few targets are posted. It may depend of where the market goes in general but the swing target is the top of the channel (purple line). It will depend on how it get there but if it gets there pretty quick, taking a profit or reversing to short would be a good option depending on the trading style and expectation.
Have a good trade!
T.
