Is It Time to Buy into the Beyond Meat Hype?Is this the bottom for Beyond Meat?
Is It Time to Buy into the Beyond Meat Hype?
Weekly red 9 with a green 1 over the red 9.
MACD is bullish on the 2D. RSI trending up.
I will add to my watchlist.
Beyondmeat
Strong-Buy for BYND(chart self-explanatory / lines and connections have been averaged with step-line over log for higher precision)
You Can't Beat Beyond MeatParabolic breakdown from ATH is over
Gaps filled 75-85
Mainstream euphoria is calming down
FUD from Burger King Impossible lawsuit is a red herring
Looks very good for a reversal, Small Company, Massive client & consumer base
Market over reacted after the IPO bubble popped
Beyond meat might reboundBUY TARGET
83.29
86.28
Buy when the market is open. do it at your own risk.
PIERCING PATTERN on daily Beyond Meat!Beyond Meat suffered much from its downtrend but a little bit of hope just occurred on the chart. It is called Piercing pattern, a green candle (showed with the arrow) opens lower than the previous minimum. Then the price goes up showing that the bulls are ready to take action. It's still in downtrend therefore I would sell around the lower blue line (@126) because it is located right at the middle of the red line on the Kagi chart. If the bulls were stronger than ever, the second blue line would be the best choice (the shoulder on the Kagi chart)
Thank you reading! Follow me for more ideas
Market Legend U.S Stock Market to Crash HARD!The biggest bubble in market history. Everyone is laughing about Americans
$BYND Beyond Meat buys around $100, GAP CLOSE at $102 incomingAfter going 430% in a small half a year. Looks like that $BYND is now on track to close the gap from the first weeks. Gap opened from $102 till $121. It broke down under the $121 mark so a downtrend till $102 is on the move.
Buy orders at and around $100 seems valid for a potential bounce of 10, 20 or 30%.
Expecting the same kind of move that happend on $ROKU.
Beyond Meat - BEAR trend into massive gapTechnical analysis
First earnings report (June 7th, 2019), which made BYND go up around 35%+ and create a big gap.
This gap is starting to get filled on a downtrend.
RSI(10) @27 - Remember oversold can continue to be oversold for a long time.
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Fundamental
Impossible Foods, a direct competitor of Beyond Meat. Is selling burger to Burger King.
Impossible Foods really resembles meat. Beyond meat is just a semi-decent veggie burger (in my opinion).
Is it time to take some benefits on this trade?Hello,
Since our opening short on Beyond meat around $ 156, the price has only gone down as our analysis predicted.
Is this a reason to start taking our profits?
Personally I do not think, but it depends on several parameters.
I am on this trade with a leveraged CFD * 2, so I am at over 28% profit (- contract fee). But I think this trade is much more buoyant, for the simple reason that the RSI is heading towards the sales area, the price oscillator has been rejected from the middle zone too, and the slow average has again crossed the fast average MACD down.
The rest of the month looks good on this operation, but if you have much more leverage than mine, namely * 10 or * 20 I think it is better to take some profits already because we are not immune to a rebound towards 145 dollars before continuing to descend.
If you like the idea, please do not forget to like it, it will give it visibility with other traders.
If you think differently, do not hesitate to send me your comments.
Have a nice trade
Beyond meat to shortHello,
Beyond meat has been growing in value since its IPO later this year.
Consolidation was expected since, and it has started with a first impulse wave described in the descending parallel channel.
If the lower of the Bollinger Bands is broken, we may see the price testing the 61,8 % FIB area with a price of 119,56 $
A break of this area can lead us to 85$.
The Price oscillator is now in the negative zone under 0 as well as the MACD.
This scenario is invalid if we break up the price of 160$
Have a nice trade everybody.
Beyond meatThere is almost 0 doubt that Beyond meat is going down to almost 97$.
You can see the median broken and acting now as resistance (white line).
I will start taking 30 % of profits as soon as the middle dotted line is broken and will take the remaining in the 35% price loss.
Guys please comment if you disagree, if you like the idea please press the button.
Thank you very much for your support.
Have a nice trade
BEYOND MEATBeyond meat is currently completing the triple bottom bullish reversal before it takes off again.
MCD Gann Projectionswww.wsj.com
Use the low of ~0.088 ; use the high of ~1.22 & project out from there and these critical levels present themselves
acknowledge the strength of these gann levels
manage your own risk
gl hf
xoxo
snoop
BYND consolidating before next leg up next weekBYND looks to be at the bottom of a future wedge near support at the bottom of it's uptrend near 160. It will likely repeat what it did last time it made a leg up from 170 and consolidate around $165-$170 for a week. It's uptrend is ~$10/week, which should push it to $180 by end of next week and $10 higher for each subsequent week until it breaks it's current uptrend.
How Will McDonald's Shape Up Against Other Fast FoodMc Donalds will soon feel the heat due to the increase in competition among other fast food retailers. I really suggest taking the time out of your day to hear me out and possibly rebuttal my claims.
NYSE:QSR
BYND breaks out! Time to BUY?Today BYND meat got a buy rating from JPMorgan. As it heads out of the short channel and breaks through the resistance line it might be worth considering making long calls or buying these shares if this trend continues. I will post updates of this graph if you would like.
MY PATREON www.patreon.com
BYND MEAT SHORT CHANNEL UPDATEUPDATING FROM YESTERDAYS BYND MEAT SHORT CHANNEL POST. Following Along Nicely. Right into our little trap.
MY PATREON www.patreon.com
TRUE SCANDAL HAPPENED WITH BYND MEAT SHARE SALES AND ISSUE !!!! SELL THE SHARES OR SHORT THEM - THE COLLAPSE HAS JUST STARTED !!!!!
What happened to beyond Meat is an flagrant demonstration of how top executives and the Law autorise them to screw existing and late shareholders to make tons of money on their back and let them take the slide and huge losses.
clearly selling shares at 160 $ to privileged shareholders is screaming to the market that the 230$ price is way overvalued and it is all natural for the market to correct sharply to 160$ in a short period of time actually all happened from 234 TO 180 THEN the day of sales from 180 to 160 in one day.
Now investors being screwed are frustrated and give up the stock massively adding to that all the short sellers then there is absolutely no wonder the share will slide much lower in the short term as the 6 times profits were totally disconnected from reality however the numbers and fundamentals were good. Revenues tripling and share price making 7 times is a clear disconnection.
And all lucky early investors are looking now their potential profit going south and they will sell also massively to still make a huge multiple bagger
I personally think this should be illegal to offer massive amount of shares to the secondary market before proposing existing shareholders to buy them discounted and issuing right issue to compensate them for the dilution and share price decrease that will automatically follows.
A true scandal !!! and free money to short sellers by tipping them so loudly with this share sales at 160 $ !! I can't believe management or investment bankers advising them on the sales are so dump to not know the consequences .
$BYND Bear Flagging to form Neckline Where there is no vision the people will perish.
Next, stop at $135.91 until we see a bounce to form the right shoulder. Let's see how this plays out, BOL.
Beyond Meat: The Bubble Has BurstWe were all in shock and awe when for seemingly no reason Beyond soared to some 240.00. For what though? They continue to post pound for pound increasingly higher losses, despite higher revenues AND essentially, unlimited free marketing from the press.
Only in our current economical bubble (that is bound to burst) can we have a company losing money that has a higher stock value than established companies like Microsoft.
Welcome to the 2019-2020 version of Tilray. Tiilray soared quickly to 300.00 then tanked and is still hovering around 40.00 and cant seem to budge above 50.00 despite the Cannabis sector rebounding relatively strongly as a whole.
I expect Beyond to be around 40-60.00 by November which is in fact, what the stock price should be today. Players like Tyson have posted profit - increasing revenues - and employ many more people and their stock is only NOW near 85.00.
Beyond will soon be a distant memory come Q1 2020 although when it sinks to 40-50.00 and finds bottom resistance, I'll be buying.
- zSplit
