Does BYND Keep Failing?Even with earnings coming soon? I think the next couple of days will be telling.
BYND trade ideas
BYND, keep a look outPrevious resistance line is being tested as a support line. Price action is also moving closer to the bullish trend line. Break of both lines would be a good sign to short.
Use risk management as always.
Thank you for reading.
Bullish Bias Expect BYND to bounce from 0.5 fib level and form an ABC correction during market volatility period before continuing to the upside target on the chart
Set stop loss limit and re-enter once the correction is completed and ride the impulsive wave!
$BYND EARNIGS Looks like good time to enter here!
Target 1 : $168
Target 2 : $180
Target 3 : $195
Target 4 : $240
19th Feb 2021 : $165 calls ask : 22.40
19th Feb 2021 : $190 calls ask : 12.80
$BYND #BYND Sitting on previous resistanceThis level that BYND is testing now has been previous resistance. I expect it to now hold as support, and be a bottom leading to the move to all time highs. If this closes below the line, I will probably exit the trade shortly thereafter, so risking small to hopefully win significantly bigger. This is not financial advice, merely my punting opinion.
BYND Bull Count, retesting cup breakoutBYND falls pretty hard when the market does, but I think it's a great long with limited risk right here. If it pops in the next 2 days we should be able to pick up a few percentage points on it, but I don't want it if AMEX:SPY stays red
BYND bounce off fib0.618BYND pullback to fib 0.618, near previous resistance.
Look for a possible re-bounce from here with a target price of fib 0.786 - 180, then near gap lvl - 188.
BYND - October 25, 2020BYND has had a healthy pullback here. Looking for consolidation and continuation back to ATH. Fundamentally bullish on BYND.
Bull FlagBYND has broken up from 2 Cup and handle patterns so far this year
Earnings are 11-3 AMC
BYND is NOT to entry level for the flag pattern
There must be a lot of folks that Love this stock but I do not see any rising wedges (To my surprise)
(I am not in this one and do not plan to be but we all like different stocks)
The TSLA of food!
OBV is high and NV is low
Short interest is on the high side
shortsqueeze.com
Not a recommendation
BYND - Double legTwin 0.382 retracement.
Price decreasing on falling volume (7 october).RSI underbought at $169.
Could be preparing for a double leg to $240 region.
Fan favourite brands have the ability to do amazing things. Read:Tesla
BYNDBYND - Couple things going on here in my opinion...Cup and Handle is pretty prominent in blue as well as a Bull Flag in yellow. The purple rectangle is the equal target for a cup and handle from a more conservative perspective, placing it at the bottom of the W instead of at the top of the potential breakout. In my analysis, it completed a 5 Wave structure and is now in the WXY correction. I think the W has been put in, and we will pump up to the X in the shorter term regardless in my opinion, whether we correct down to Y or pump up further from the X is a different story. I am swinging some equity as well as some Calls with expirations further out in December. Short term target is 185ish and longer term at the top of that rectangle at 215ish. Earnings is on Nov. 2 so this could run up into earnings but ill just have to wait and see how it plays out.
BYND LONGApproaching demand zone and it’s been on a downtrend for over a week now so turn around will be soon perhaps early next week. Watching for volume confirmation and the overall market.
BYND LongDown to 50MA and support line. Then had rebound up.
Good risk-reward ratio.
Take profit @ 199.5
Stop loss @ 160
BYND Continue Short from previous post 12 OctLet your short run.
See it heading towards 165.
Take profit at 165
Buying calls at monthly Support!I plan on buying calls at the 167.16 monthly support level. I would have wanted to buy in at the 172.29 weekly level but there just so much downward pressure that it ripped right through that weekly level. Should have a nice reversal at this 167.16 monthly level. I plan on buying a little after the level is reached to ensure the bottom.
*THIS IS ONLY A GAME PLAN* if the level is never reached than no harm no foul :)
BYND Short Consider shorting between 195 - 200.
Stop loss 205
1) shares spike every time the company make announcement even on old news
2) Fundamentally lagging behind recent rally in share price
3) Weak cashflow
BYND - Big up if support holdsBYND - Here's a new one for our watchlist. Not sure a retest of the support zone is for right now but once 5 up are done, it's a possibility and occasion for a long.
For now, it looks like a simple wave 4 correction.
A break above the channel should take this for a fifth wave higher.
