BYNDWell it's better than bug and lentil souffle i guess
Bull div building
Beaten down
Will only get more adoption
GRI 2022
NOT TARDING ADVICE
BYND trade ideas
BYND Well it's better than bug and lentil souffle
I guess...
Target is the yellow line
NOT TARDING ADVICE
BEYOND MEAT scenario 1 - BYND broadening wedge breakout on 15th July. Retracement hit last week of July followed by downwards channel support by broadening wedge.
2 - Initial resistance level makes sense to be a golden pocket region as this corresponds to the top of the gap just below 100. Price sometimes rallies to close gaps and drops back for contemplation phase.
3 - Contemplation phase now that it's back in the channel would be good to see a retracement back to most bullish supports ( 0.382 - 0.500 ), then breaking out of the channel to a target price of around 140. This target price is calculated by assuming a ' bump and run ' pattern occurred.
4 - RSI has had maintained below 50 for almost a year, its finally broken out and has retraced back to the 50 support.
Earnings on the 4th August - mustn't let the short term noise affect the bigger picture. A rally off earnings would be ideal, but past history on earnings tells us otherwise...
BYND: Double or nothingI’ve been feeling the hurt from having bought BYND after publishing my previous BYND idea. See linked chart. However, since then I’ve increased my position 3-fold and decreased my dollar-cost-average by $60+/share.
To the Bulls who, like me, have been feeling the wrath of the Bears: I think it’s our time to shine. Now is the time to go big or go broke, especially if you’re a fan trading based on analysis of EW, patterns, market cycles, and Wyckoff.
Based on chart, within the next 3-4 months we should expect to see 3+ intense rallies.
Chart: Dates and time scale will likely be inaccurate. Focus on the price action.
Black: past-present EW and Fib.
Green: forecast EW and Fib.
Blue: patterns (parallel channels).
Orange: Wyckoff and market cycle.
Purple: price targets.
Red: pullback targets.
Comments welcome. Good luck to all.
BYND Parallel Fib levels BYND has broken out of its most recent log fib resistances. Thinking we'll see a slight correction next week. ( 15% ish ) which will also keep RSI below overbought for a while, whilst still maintaining bullish sentiment, retracement back to pink level, would form a H&S style pattern with the log chart saying target at the gap to fill.
Be wary of their earnings coming up, have a tendency to miss on EPS due to R&D expenditures. Typically next quarter produces record revenue and am hoping for 160mil+. They estimate rev minimum of 550mil. Produced 110mil last quarter so need 440mil in next three q's.
Red Fib target likely to be touched over next two trading days - highly resistant as this was IPO price.
Apologies for the currency in GBP. Wanted a new chart without deleting old ones.
DOA trading Strategy - BYNDAlmost 400% return on BYND since 07/14/2022
Been holding that short squeeze play on BYND!!
Green DOA sniper and Meter fired and held in 4hrs
We got in it since $30, Im still expecting for it to hit $40-45 once we squeeze the shorts more
They currently OTM and paying high interest on borrowed shares
beyond meat update !beyond meat is inside correction , after all this up and down can be watched for big long
BYNDThe SHORTS go marching one by one hurrah hurrah the shorts going marching one by one hurrah hurrrah... sell the 3o July Buy the 35 sept and they all go marching high to the sky and can't cover ... Hurrah Hurrah
Beyond MeatThis is just an observation: Beyond Meat (BYND) is breaking above its 4h EMA exp ribbon. It also just broke above its displaced daily EMA. These are two very bullish trend reversal signals. Regardless of fundamentals, these indicators are showing that there are no more sellers left and the trend may soon reverse. When everyone is still super negative about an asset, but the asset's chart shows that it is beginning to outperform the market, that's when you buy. Charts never lie. It is a fact that BYND has been outperforming the broader market since May making higher highs and higher lows. Now it's showing signs of an actual breakout. Only time will show if this will become a sustained breakout. Huge congrats to @Chartguru1 for calling the bottom on this several weeks back!
BYND Repeating historyJune 2019 - Dec 2019 BYND had a correction to the 1.618 fib level and retraced back to 1 fib level.
Now - same scenario, same retracement back to 1.618 fib level, so will BYND stick to its target at 1 fib level ( 100 )
Gap to close at 95.
We've had a break out of the diagonal resistance and 3 touches of it as support ( three drives ).
Will we see a rocket to 100?
BYND long?Larger double bottom possibly. Consolidation, increase volume on a bearish gap up. We will see she breaks out.
Two scenarios for beyond meat It's two scenarios for beyond meat ,
1) start from $19-$20 for $37 and then down to this area again , it's terminal pattern and it's gonna reach above $200
2) if it's start from $19-$20 and break 37 , it will go to $160 dollar , it's triangle
Not beyond all hope but beyond a lot of hope (BYND)Beyond Meat
Short Term
We look to Sell at 27.76 (stop at 29.59)
Further downside is expected and we prefer to set shorts in early trade. The medium term bias remains bearish. Previous resistance located at 28.50. There is scope for mild upward pressure at the open but we look for selling interest to resist gains.
Our profit targets will be 21.80 and 15.40
Resistance: 26.50 / 28.50 / 52.00
Support: 22.25 / 15.00 / 10.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
BYND MEAT Upside TargetsLooking long on BYND Meat - huge growth in the vegan market. A lot of space for growth.
it is summer time, it is BBQ timeBYND meat has had some tough time, but will recover nicely with some new product lines & summer time parties BBQ
I use fibs, gann square & trend lines for my target. My pivot dates are 21st, 23rd and 27th.
Beyond Hope? Beyond Meat
Short Term
We look to Sell at 21.99 (stop at 23.88)
Further downside is expected and we prefer to set shorts in early trade. The medium term bias remains bearish. Trades with a bearish descending triangle formation. A break of the short-term upward trending support at 22.00 should encourage selling.
Our profit targets will be 17.18 and 13.30
Resistance: 26.50 / 31.00 / 45.00
Support: 20.00 / 15.00 / 10.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
BYND PennantLooks a lot like PTON except it hasn't broken yet
Lot sof garbage stocks formed pennants this week
Beyond meat reversalThere's a potential reversal on BYND. We've hit a solid support now but are still yet to overcome the resistance. If resistance is overcome I can see the 50s happening again and perhaps a retracement to resistance forming a H&S.
They dropped 25% on earnings and rallied +10% intraday. Reported 110 mil and maintain 590mil avg yearly rev. That means BYND think the next three quarters will have an avg of 160mil rev - this is record rev.
Beyond Meat's bull runLong entry: 35 usd
Take profit: 6000 / 10000 usd
This is my personal opinion and this is not a financial advice! Good trading!
Beyond Meat (BYND) In A Cup?Beyond Meat ( NASDAQ:BYND ) In A Cup?
No of course not! Beyond Meat ( NASDAQ:BYND with a cup on its chart? Yes!
BYND has been in a downward trend since the beginning of the year. I discovered two factors that led me to believe that the stock will begin an upward trend.
1. Cup on the daily timeframe
2. Bullish Divergence
On a non-technical note, Beyond Meat recently announced that they expanded their distribution to 8,000+ stores.
Perhaps BYND will give us a handle within the next few days. I look forward to watching this stock go above and "beyond" the downtrend its been in.
*This is not financial advice
Peace & Prosperity,
Al
BYND is still on my Radar. This is my plan to trade.BYND is a chart I have been following lately. It’s the chart with the less amount of data I have ever worked with.
However, I see two consistent situations that happened at current levels in the past. So I plan to develop a setup if I see similar behavior with them (please check the green circles) OR to avoid trading if the price is not following those filters.
This is my trading plan :
- From current levels, I want to see the price bounce on the current support zone or in the lower trendline of the channel.
- If that happens and the current descending trendline is broken, I want to see a correction following the proportions of the previous corrections (Please check the green circles)
Finally, I will trade on a new local high if the correction is finished. I will set Stop loss on a new local low and the target at the next resistance level. My Risk-Free zone or break-even level will be at: 130.00, Which means if the price reaches it, I will move my stop loss to the entry-level, and I will have only two possible scenarios (Closing on $0 or Take Profit)
What are the Odds I think of being right on this setup? Probably around 50% (random); however, the risk to reward ratio is close to 3. So for every dollar, I risk, I aim to make 3. That’s where you build your edge.
Thanks for reading!
Beyond Meat (NASDAQ: $BYND) Looks Ready To Moo-ve Higher! 🐄Beyond Meat, Inc. manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. It sells its products through grocery, mass merchandiser, club store, convenience store and natural retailer channels, and direct-to-consumer, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools. 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.
