BYND weekly wolfe wave 11/3 and 4h wwA Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the patternby defiantroa2
Trading plan on BYND | A key name in the Plant-based industryToday we will talk about Beyond meat! There is a curious thing about this chart , and that's the dynamic support it has been working on since Jun 2020. We have been observing several contacts since that date, and it tends to respect it pretty well. Alright, nice line, but what then? Okay, the idea here is either the price has already made contact with it or is close to making it. AND it may be a relevant situation to start thinking about bullish setups. As you may know, the way we trade is about looking for similar situations to the current one and creating a model on WHAT we want to see before risking one single dollar. Here are our conclusions: -The price is making contact with a relevant dynamic support level -The price is inside a descending structure -IF we have a clear breakout of this structure, we want to observe a corrective pattern with similar proportions as the ABC draft we made on the chart. This is a similar sequence that has been happening since 2020 Do you want to know whats the best thing about trading this way? If the price does not make the filter we are expecting; I don't give a..... because I don't trade it, and I will be paying attention to other charts that have moved accordingly to the expected filters. Under this method, the only guarantee you have is that when the price makes what you are expecting, you know you are in front of a high-quality situation. The bad thing about this method is that a lot of ideas will not happen as expected; that's why patience is extremely important. But if you learn how to become patient is an excellent way of trading, and a massive edge against investors that lack patience. Thanks for reading! Feel free to share your view and ideas about the post of the chart in the comments box. by ThinkingAntsOk2214
50% gain in next few weeksBeyond meat has taken a typical three-drive reversal pattern which is an ancestor of the Elliot Wave pattern. Beyond is an excellent example and the best one ive found to date. The pattern suggests an upwards pattern to a first pt of the last drop ( D ) at $150. The pattern needs to breakout of 140 first and this is more than likely. Perhaps it'll rocket through to 150 and use 140 as a support before carrying onto the next two pt s at 180 and 200 respectively. Can see 160 happening early / mid feb. Longby Jimmy205887
BYND short until 90$BYND price fell below its first support zone and at the moment there is no major technical barier for the price to stop at. I`d expect the price to continue ranging and/or falling to the second support zone until earning and revenue reports come.Shortby treld1
BYND future#BYND is in critical point.. we'll see how breaks triangle in the next couple days.by apoornaki2
Beyond meat look at the last time it hit this support level. Explosive - reconing 140-150 within next few weeks + RSI way too low Longby Jimmy205112
Beyond last chance until mega runFirst we need a strong weekly candle that has broken out of the downwards wedge ( bullish ). - Then we have a few price targets - 150 - this is in line with the gradient, but going to the first dotted diagnol resistance ( this is also the last runs high ) ( predict this by late novemebr at the earliest ) - 200 - 220 - 320 All these price targets are to do with fib levels and resistance from all highs. If we go below 87 then the trade has failed. Longby Jimmy2051111
Lowering the StakesI've listed most of my Technical analysis points on chart. Fundamentally the company has plenty of cash on hand to handle debt obligations for 12 months onwards, but the astronomical Valuation metrics (i.e. Price to Sales, Price to Book) when compared to traditional competitors such as Tyson Foods and Sanderson Farms indicate a high price premium. In addition the COO just resigned without a definitive reason which never bodes well for a company. www.marketwatch.comShortby kingmidasLXIXUpdated 2
Beyond Meat Analysis 20.10.2021Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button. Thank you for watching and I will see you tomorrow!04:25by basictradingtv4427
Potential bear flag with a Diomond Top(H&S)Forming a potential bear flag since today was rejected upwards. Today did form a diamond top/H&S which adds to the short side. Got to see what happens tomorrow.Shortby pissoff10
BYND 195min setupThere is a wolfe wave setup on the 195 min time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 116 which is expected to reach this price target within approx 39 hours (195 min x 12).Longby TOSOPTION1
Looking DownwardsLooks like it will drop until after earnings it will start bouncing upwardsShortby pissoff10
BYND PT1 122 P2 132 D/CHART NASDAQ:BYND BYND PT1 122 P2 132 D/CHART May take up to 3 monthsLongby mkadhim85778
Beyond MeatBYND in downward channel and under support level on mid-channel. Performing under theMA 20 and 50, and weak RSI. Depending on when it will break channel target might get close to $180.by MrKaka0073
BYND Snapback/BounceBYND is overextended on the bollinger bands and the stochastics are oversold and showing bullish divergence. Price has continued down has stochastics have leveled off. Looking for a snapback off of the 100 support level. This 100 support is also a psychological level for the stock and will act as support.Longby BBTrader29228
Beyond meat longThe fib sequence ive drawn shows us the potential PT - most probable one is the grey one at 160. But the double bottom could take us to 220 for a breakout of the equilateral triangle.Longby Jimmy2054
False BreakoutLooking like a false breakout sadly, going down a bit more to retest Shortby pissoff1221
$beyond meat is interesting here so, here's the thing is the company worth investing in at these prices I'm not seeing much beyond meat advertising anywhere and pretty much myself staying away from shit food whom they are building the contracts with such as pizza hut and Burger King might make more sense to invest into pizza hut or so and let beyond meat go beyond over sold back down to $48 and yes i said it $48. once people realize how much this stock is over sold unless there's some hidden tech company behind this with a new plant being grown especially for beyond meat i highly doubt, we'll see that earnings run up we like to see. none the less im bullish on dumb Americans buying every dip and continuing to inflate the market.by ismartinvesting444
strategy for BYND Wednesday 09/22/2021(BYND buy price 116.00) (BYND sell price 111.00) strategy: bynd presents two important patterns # 1 reversal formation. # 2 inside bar on daily chart. We will only take entry when there is a break of the double top 115.00 and it touches the buy price, we expect retracement and our confirmation signal. we will take profits in the area of mv 50 daily chart. our bearish entry: it must be below the sell price and closing price. if so, we must wait for the retest in case of making a gap at the opening. the retest must be done in mv 9 or 10 period in the graph 5mn for better workby RobertoTraderWithoutStress1
$BYND - Forming Double Bottom - Target $150 - $200+Beyond Meat trying to form Double Bottom Pattern with a Target Price of $150-$200+ We may expect huge announcement soon enough!Longby Gem-HunterUpdated 10