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Breaking; Beyond Meat, Inc. (NASDAQ; BYND) Spike 20% TodayBeyond Meat, Inc. (NASDAQ; BYND) Spike 20% Today albeit market turmoil. The stock is gearing for a move to the $30 resistant should it break the $2 ceiling acting as the falling wedge. Stock soared as much as 20% this morning. So it may come as a surprise to learn that the company has just been hit with a $38.9 million legal defeat in a trademark infringement case. Shares pared those gains, but remained higher by 8% as of 12:58 p.m. ET. Jury verdict vs. short squeeze The trademark violation verdict stems from a lawsuit filed for infringing on a Vegadelphia Foods trademark covering the phrase "Where Great Taste Is Plant-Based." Vegadelphia sued Beyond Meat, as well as the coffee and doughnut company Dunkin', in 2022, alleging that the defendants' advertising slogan, "great taste, plant-based," infringed on Vegadelphia's federally registered trademark. Dunkin' settled its portion of the claims against it last year. The $38.9 million verdict is significant for Beyond Meat. Consider that the plant-based meat substitute company reported revenue of $70.2 million in its third quarter. So why did the stock soar today? It is likely retail investors at work. Beyond Meat became a meme stock driven by social media hype last month. Shares soared more than 300% in about a week before giving back most of those gains. Financial Performance In 2024, Beyond Meat's revenue was $326.45 million, a decrease of -4.93% compared to the previous year's $343.38 million. Losses were -$160.28 million, -52.60% less than in 2023.
NASDAQ:BYNDLong
by DEXWireNews
BEYOND MEAT: How One Trader Pumped A Stock 1500%! BEYOND MEAT: How One Trader Pumped A Stock 1500%! 📈What It's All About: The chart you are looking at is not one of a sh*tcoin, it’s a stock listed on the New York Stock Exchange! The company is called Beyond Meat, a pioneer of the artificial meat market. A set of commercial failures and debt problems brought the stock down by 99.79% from the highs when the pump started! 📈The Pump: A Reddit account called "Capybara Stocks" disclosed buying roughly 3.1 million BYND shares around mid-October and published a detailed bullish thesis, arguing the note exchange plus equity issuance, which triggered dilution fears, actually reduced bankruptcy risk and improved the balance sheet. His post highlighted heavy short interest/borrow costs and retail options flows that amplified the upside. 📈What Happened Next: It was a typical short squeeze on an epic scale. With the 54% short float, a sudden buying spree started triggering stop losses and key options levels. People who sold the options and expected to make easy $100 were now looking at $1,000+ potential losses and were scrambling to buy shares to "cover" their sold options. 📈GameStop Case: This scenario closely mirrors the GameStop stock pump ( NYSE:GME ) during 2020/21 when the stock was pumped by Reddit trading group WeTradeStocks from $17 to $483 within days (a 2,840% surge), driving some hedge funds into near bankruptcy. 📈What Now: As BYND stock price has already lost 50% from the recent highs and seems to want to go lower, the company’s current prospects remain bleak with revenue projected to drop 14% next year. But the CapybaraStocks trader made $10,000,000 in profits and says he kept a sizeable position in the stock as he believes in it “long term.” Many option traders made small fortunes, and the people who were on the opposite side of the trade went bankrupt overnight. 📈Conclusion: Hats off to the legends who pumped the stock to the moon and HODLED! To those who lost money: C’est la vie 😎 Yours Truly, Greg🌹
NASDAQ:BYNDEducation
by TopTradingSignals
11
What’s Happening with Beyond Meat (BYND) SharesWhat’s Happening with Beyond Meat (BYND) Shares Beyond Meat (BYND) shares have been experiencing extreme volatility today, with price swings measured in hundreds of per cent — turning the stock into a textbook example of a meme asset. Here’s a brief overview of the situation. Drop Below $0.50 Throughout 2025 (and in the preceding years), the share price of the plant-based meat producer had been locked in a long-term downtrend, reflecting its financial difficulties. Facing a substantial debt load due for repayment in 2027, Beyond Meat restructured its liabilities — extending maturity to 2030 at a higher interest rate in exchange for issuing more than 316 million new shares. This dilution of shareholder equity was viewed as a deeply negative signal. The market reacted instantly: BYND plunged to point A, falling below $0.50 per share (a striking contrast to its peak above $200 less than five years ago). The steep drop also attracted a surge of new short sellers. Spike Above $7 Spotting the low price and the high short interest (around 10.5% of total shares), retail traders began coordinating mass purchases through social media platforms. The result was a classic short squeeze, as forced short-covering combined with speculative buying propelled BYND above $7 per share (point B). What’s Next? Despite the spectacular rebound from point A to point B, the company’s fundamentals remain weak. Beyond Meat’s upcoming earnings report (scheduled for 4 November) may continue the trend of falling revenue — as seen in Q2 2025, when sales dropped by nearly 20% year-on-year. The company is still loss-making, and high-profile partnerships — such as McPlant with McDonald’s — have yet to deliver meaningful results. In the short term, market hype could push BYND towards the $10 psychological level, but it’s unlikely to change the broader picture. The company’s long-term outlook remains overshadowed by deteriorating financials. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:BYND
by FXOpen
1
$BYND is giving me Opendoor vibes- NASDAQ:BYND stands to benefit health conscious trend. - Today's generation is getting healthier and thinking twice before they pick things for their meal. - Mental wellness, diet and fitness industry is growing rapidly after the pandemic. - Processed meat and red meat in general is Carcinogenic - NASDAQ:BYND will benefit from this macro trend. - it might be a meme stock for many but this has momentum and strong partnerships like walmart. - Upcoming earnings would be epic!
NASDAQ:BYNDLong
by bigbull037
5
To Infinity and $BYND | Beyond MeatYes, I herd Beyond Meat NASDAQ:BYND has a deal to fuel data centers with fake meat. Yes, I herd Beyond Meat's AI models have achieved ASI, skipping AGI entirely. Yes, I herd Bill Gatez loves fake meatz. Yes, I herd Beyond Meat nanomachines will eliminate the need to consume food orally. Yes, I herd Beyond Meat destroys cancer cells. Yes, I herd Beyond Meat will provide free healthcare and childcare to all. -- The Beyond Meat stock might pump like a roided 80s professional wrestler, but I'm not buying the sizzle on this fake steak. I'm lookin' to PUT some options on it, Nov 7 expiration or later, before this fake meat sizzle leaves me with nothin' but gristle!
NASDAQ:BYNDShort
by MonsterStockPicks
2
Beyond Meat Posts Best Day Ever, Up 147%: Return of the Meme?🔥 A Sizzling Comeback or Just Froth? Beyond Meat NASDAQ:BYND , once the darling of the plant-based revolution and later the focus of every “overcooked IPO” joke, just got on everyone’s radar: a 147% single-day surge, its best performance ever. For a company that was trading at just 65 cents last week — and a 50-cent all-time low — Tuesday’s rally was a surprise to many, especially those that were short the shares. The stock is now sizzling around $3.60, and retail traders everywhere are asking the same question: Is the meme trade back on the menu? 📈 The Rally Nobody Ordered This all started when Roundhill Investments — the folks who run the Roundhill Meme ETF AMEX:MEME — decided to toss Beyond Meat into their thematic mix. Within hours, a retail stampede was underway. Monday saw a 127% jump, and Tuesday piled on another 146%. Over the past three trading days, the stock is up a whopping 600%. It’s not about earnings reports or something that popped out of the economic calendar . It’s about a short squeeze. With more than 63% of Beyond’s float sold short, bearish investors were caught in a panicked scramble to buy back shares before the fire spread. In meme stock lingo, this was déjà vu — the same cocktail of FOMO, leverage, and chaos that made GameStop NYSE:GME and AMC NYSE:AMC household names. What’s more, a Walmart deal announced on Monday expanded Beyond Meat’s distribution across US stores. 🔍 The Irony of the “Beyond” Narrative The irony here is almost poetic. Beyond Meat went public in 2019 as a symbol of disruption — the future of food, sustainability, and innovation. It hit $230 per share, a valuation that made traditional meat producers look like legacy players. Then came reality. Demand cooled, competition heated up, and costs chewed through margins. By 2024, the stock was less “Beyond” and more behind. Losses piled up for five straight years. Now, it’s back in the spotlight, not for reinventing dinner, but for rekindling nostalgia — the 2021 meme stock era, where logic left the room and retail traders partied all day and night. 🚨 Caution: Hot Grease Ahead The stock was up another 50% in pre-market deals Wednesday, but before you mortgage your house to “ape in,” keep in mind this could end badly, fast. The fundamentals haven’t changed. Beyond still faces declining revenue, debt issues, and a shrinking market for plant-based meat substitutes. If you’re trading this, understand you’re surfing a wave built on emotion and short covering — not sustainable growth. When the wave breaks, it’ll break fast. 🪙 The Meme Lives On (But So Does Gravity) So, is this the second coming of the meme stock era? Maybe. Or maybe it’s just a nostalgic encore — the kind where everyone sings along even though they know how it ends. Off to you : What do you think? Are we back in the meme stock craze or is this about to fizzle out as quickly as it popped up? Share your thoughts in the comments!
NASDAQ:BYND
by TradingView
12
Breaking: Beyond Meat, Inc. (NYSE: $BYND) Spike 54% Today The price of Beyond Meat, Inc. (NASDAQ: NASDAQ:BYND ) Spike 54% in Monday's premarket trading with the asset gearing a move to the $1 resistant zone. Technically, there's still room to achieve this fit as the stock is trading below key moving averages. Similarly, the Relative strength index (RSI) is at 25 which is obviously oversold and giving it room to capitalize on the dip. In recent news, Beyond Meat’s stock collapsed to near $1 a share on Tuesday after the embattled plant-based meat maker finalized a debt exchange deal that handed bondholders hundreds of millions of new shares — effectively wiping out most existing investors. Shares plunged almost 50% on Monday to close around $1.10 and hovered between $1.03 and $1.10 in Tuesday trading, down more than 76% this year and deep in penny stock territory. In the summer of 2019, the stock neared $240 a share — its peak price. Since then, the stock has lost more than 99% of its value.
NASDAQ:BYNDLong
by DEXWireNews
6
Farewell Beyond Meat, Welcome Real BeefCME: Live Cattle Futures ( CME:LE1! ) Last week, Beyond Meat ( NASDAQ:BYND ) pushed back against rumors that it has filed for bankruptcy, calling recent media reports “unequivocally false.” The denial comes after several headlines suggested the company was headed for Chapter 11 bankruptcy. It was only six years ago when Beyond Meat was the hottest game in town. It ran on a high-flying hope to revolutionize what we eat and make us healthier. Shares of BYND went public at $25 on May 2, 2019, and were up 163% on the first day. A confession: I was under its magical spell too and went on national TV in 2019 to discuss the potential of plant-based meat in China. My optimism wasn’t ungrounded. Beyond Meat entered the Chinese market in 2020 with partnerships with Starbucks and Alibaba. The Company opened its first factory near Shanghai in 2021. NASDAQ:BYND reached its all-time high (ATH) of $234.90 on July 26, 2019. As of Monday, the shares are trading at $2.60, down 33% year-to-date, and down 98.9% from the ATH. Many reasons caused the downfall of the former market darling. High cost and unnatural flavor are among the most lethal. When a slice of plant-based meat costs twice as much as ground beef, consumers would think twice before they pick it up. Back at the television program in 2019, I was asked to participate in a blind test. It wasn’t hard for me to tell the difference between the juicy McDonald’s breakfast sausage and the dryness in the plant-based meat. Beyond Meat closed its Chinese factory in February and completely exited the Chinese market by the end of Q2, according to the Company’s announcement. In the past few years, consumers have gradually woken up to the fact that, when it comes to meat, real beef tastes the best. On Monday, CME live cattle futures are trading at $231 per hundred pounds, up 19% YTD and up 112% in five years. August WASDE Report On August 12th, the US Department of Agriculture (USDA) published its latest updates on World Agriculture Supply and Demand Estimates, also known as the WASDE report. August WASDE is bullish on beef and cattle: • The forecast for 2025 beef production is lowered on reduced fed and non-fed cattle slaughter and lighter dressed weights. • For 2026, beef production is lowered due to reduced expected placements in the second half of 2025, as well as reduced cow slaughter in 2026. • Beef imports for 2025 are lowered to reflect reported trade data through the first half of the year, as well as reduced shipments due to higher tariff rates, particularly from Brazil. The reduction is carried into beef imports for 2026. The beef export forecast is reduced for 2025, reflecting tighter domestic supplies. The reduction is carried into lower exports for the first half of 2026. • Cattle price forecasts for 2025 are raised for both the third and fourth quarters based on recent price strength and resilient demand for beef. The higher cattle price forecasts are carried into 2026. Trading with CME Live Cattle Futures Futures market shows bullish sentiment. CFTC’s Commitments of Traders report shows that, as of August 12th, CME live cattle futures ( NASDAQ:LE ) have total open interest (OI) of 382,088 contracts. • “Managed Money” holds 151,580 Long contracts, 31,587 Short contracts, and 43,598 contracts at spread positions. • The long/short ratio of 4.8-to-1 shows that “Smart Money” is bullish on Live Cattle. A trader sharing a similar bullish view could explore CME Live Cattle futures. Live Cattle futures have a notional value of 40,000 pounds (~18 metric tons). At Monday quote of $232 (per 100 pounds), the lead October contract LEV5 is worth $92,800. To buy or sell one contract, a trader is required to post an initial margin of $3,100. The futures contract has built-in leverage of 30:1 (= 92800 / 3100). • If LEV5 goes up 5% to $243.6, a long position will gain $4,640 (= (243.6-232) * 400). This will be a hypothetical return of 150% (= 4640 / 3100). • If LEV5 declines, the trader will see large losses due to leverage. To avoid unlimited exposure, the trader could enter the long position with a stoploss. • For illustration, a stoploss at 225 for the 232 long order will cap the loss at $2,800 (=(232-225) * 400) Happy Trading. Disclaimers *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
CME:LE1!Long
by JimHuangChicago
1
High-risk, extreme reward event-driven contrarian/squeeze setupBeyond Meat soared in 2019–2021 on blockbuster growth hopes, only to see its stock crater nearly 99% as reality fell short of hype. Sluggish consumer adoption, steep promotional discounts, and margin pressure dragged revenues from a 2020 peak of $419 M into multi-quarter declines. Recently, management has right-sized operations: Q4 2024 net revenues rose 4% YoY, cost-cutting measures are underway, and new product and foodservice partnerships are rolling out—even as the China business is suspended. Trading below 1× forward sales with ~25% short interest, BYND offers one of the most insane high-risk, event-driven contrarian setups I've ever seen ahead of the May 7 Q1 2025 report. 1. Implosion: What Happened? Peak Hype & Insane Expectations Investors crowned BYND “the Tesla of food,” pricing in 100%+ growth on only ~$200 M in trailing revenues at IPO. Missed Growth Targets 2021 sales climbed just 37% to $464 M—well below the ~50% growth forecast—when heavy grocery promotions eroded prices. Margin Squeeze Gross margins plunged from ~28% to ~10% as Beyond funded discounts in retail and co-promotions with foodservice chains. 2. Recent Fundamentals & Stabilization Q4 2024 Turnaround Signs Net revenues of $83.1 M, up 4% YoY—the second straight quarterly increase after nine declines. Cost-Cutting Initiatives U.S. plant scale-ups and supply-chain optimization trimmed per-unit costs; SG&A fell ~8% YoY. 2025 Guidance Revenues guided to $320–335 M (flat vs. $326.5 M in 2024); management targets adjusted-EBITDA breakeven by Q4 2025. 3. Recent Initiatives & Partnerships Product Innovation : Fourth-gen Beyond Sausage (avocado oil formulation), “Beyond Sun” links, new pre-seasoned Beyond Steak flavors (chimichurri, Korean BBQ), and Crispy Nuggets for operators. Foodservice Expansion : Beyond Burger® and Nuggets added to cafeterias and chains; Veggie McPlant Nuggets at McDonald’s France; smash-burger trials at Tesco UK; Wendy’s Georgia plant-based burger in 19 locations. International Roll-outs : Retail launch of Beyond Steak in France and UK (Tortilla), expanded Europe/Middle East footprint. Operational Restructuring : Exiting China by mid-2025, laying off ~6–9% of workforce, consolidating co-packers, automating U.S. plants to chase a ~20% gross margin. 4. Valuation & Sentiment Trading at ~0.9× forward sales vs. peers at 1.5–5×. Short interest ~25% of float—one of small-cap’s highest. China exit & layoffs a margin catalyst; gross margin goal ~20% in 2025. New products and foodservice deals reinforce R&D and growth narrative. Q1 2025 earnings (May 7) could ignite a squeeze. Catalysts Q1 2025 earnings (May 7) beat/guide-up. Roll-out of new sausage, steak & nugget products at major retailers. Further high-profile partnerships (Starbucks, Yum! Brands). Final words Beyond Meat’s meteoric rise and fall reflect expectations that outpaced execution. Today, early signs of revenue stabilization, aggressive cost cuts, product innovation, and a clear path to break-even—combined with a sub-1× sales valuation and sky-high short interest—create a classic event-driven contrarian opportunity. The May 7 Q1 2025 report is the next major inflection point.
NASDAQ:BYNDLong
by variable_not_defined
7
BYND: Restructuring Talk on Declining Sales ($BYND)Beyond Meat is considering a balance sheet restructuring due to a $1.1 billion debt burden and declining sales. This analysis explores the financial pressures, market dynamics, and potential investment implications. Key Developments: Restructuring Talks: Beyond Meat is engaged in discussions with bondholders regarding a potential balance sheet restructuring. Financial Pressures: The company faces a $1.1 billion debt burden and recently reported a net loss of $54.4 million. Additionally, cash reserves have decreased significantly. Market Dynamics: The plant-based meat market is experiencing softening demand, particularly in key territories. Broader economic concerns surrounding inflation and recession further complicate the situation. Investor Sentiment: Opinions are divided, with some investors viewing the restructuring as proactive and others concerned about deeper industry issues. Investment Implications: Short-Term: Closely monitor BYND's stock price and company news for potential turnaround efforts or further decline. Trading Considerations: A short position could be considered for bearish investors; however, caution is advised due to mixed investor sentiment and the possibility of a market rebound.
NASDAQ:BYNDShort
by MorMedia
1
Beyond Meat (NASDAQ:BYND) Stock Surged 20% on Memestocks Craze Beyond Meat (NASDAQ:BYND) stock is experiencing a rally on Tuesday, with investors hoping for a squeeze on the meat-alternative company's shares. With 25,356,827 shares shorted, that's roughly 40.97% of the company's float, NASDAQ:BYND has an outstanding short interest position of over 40% of the total float. This could be a sign that traders have added NASDAQ:BYND to their list of meme stocks to squeeze. The recent interest in pumping up shorted stocks and the return of Roaring Kitty, who initiated the meme stock rally of 2021, are contributing to the rally. If 2024 can mimic 2021, it will be good news for meme traders as several meme stocks rise as they work to push shorts out of them. Today's movement could be a sign that these traders have added NASDAQ:BYND to their list of meme stocks to squeeze. NASDAQ:BYND stock is experiencing heavy trading today, with more than 12 million shares being traded, above its daily average trading volume of about 3.7 million shares. NASDAQ:BYND stock is up 20.1% as of Tuesday morning and 17.5% since the start of the year. Beyond Meat (BYND) has an outstanding short interest position on it of over 40% of the total float, which could be in harm's way if the meme rallies across the market continue. The company reported an 18% drop in sales and its 15th consecutive quarterly loss, both of which were worse than what Wall Street expected.
NASDAQ:BYNDLong
by DEXWireNews
Beyond Meat's Surprising Turnaround Sparks Investor FrenzyBeyond Meat Inc. (NASDAQ: NASDAQ:BYND ) has left investors reeling as its stock price skyrocketed a staggering 56% in premarket trading on Wednesday. The plant-based meat producer, once beleaguered by declining margins and waning consumer interest, has staged a remarkable comeback fueled by strategic pricing adjustments and aggressive cost-cutting measures. Short sellers, who had heavily bet against Beyond Meat ( NASDAQ:BYND ) with approximately 37.6% of the company's free float shorted, found themselves on the losing end of a high-stakes gamble. According to data from Ortex, bearish investors have suffered paper losses amounting to $93 million since Tuesday's close, as the stock's meteoric rise triggered a classic short squeeze. Peter Hillerberg, co-founder of Ortex, commented on the unfolding situation, noting that the surge in buying pressure induced by short sellers scrambling to cover their positions has propelled Beyond Meat's stock to dizzying heights. This unexpected rally underscores the inherent volatility of heavily shorted stocks and serves as a cautionary tale for investors on both sides of the trade. Beyond Meat's ( NASDAQ:BYND ) resurgence comes at a pivotal moment for the company, which has seen its market value plummet by 60% over the past year amidst concerns over inflated prices and sluggish sales growth. However, the latest earnings report provided a glimmer of hope, with fourth-quarter net revenue beating analysts' expectations despite a modest decline. Buoyed by this positive momentum, Beyond Meat ( NASDAQ:BYND ) unveiled ambitious plans to slash costs and revamp its pricing strategy, aiming to bolster margins and regain market share in an increasingly competitive landscape. Key to the company's turnaround strategy is a commitment to delivering value to budget-conscious consumers in the United States. By implementing targeted price hikes and streamlining operations to reduce overhead, Beyond Meat ( NASDAQ:BYND ) aims to position itself for sustained growth in the years ahead. Management's bullish outlook, exemplified by the forecasted gross margins in the mid- to high-teens percentage range for 2024, has garnered cautious optimism from industry analysts. Peter Saleh, an analyst at BTIG, emphasized the significance of Beyond Meat's ( NASDAQ:BYND ) restructuring efforts, likening it to a "kitchen sink" quarter wherein the company addresses fundamental challenges head-on. While acknowledging the uncertainties surrounding the achievability of management's targets, Saleh expressed confidence in Beyond Meat's ability to chart a more sustainable path forward. Despite the recent surge, Beyond Meat's ( NASDAQ:BYND ) stock remains below its 12-month high, underscoring the lingering challenges facing the company as it navigates a rapidly evolving market landscape. Nevertheless, the fervor surrounding Beyond Meat ( NASDAQ:BYND ) serves as a potent reminder of the power dynamics at play in financial markets, where short squeezes can swiftly reshape investor sentiment and challenge prevailing narratives. As Beyond Meat ( NASDAQ:BYND ) continues to defy expectations, investors are left to ponder the implications of its remarkable turnaround and the enduring allure of short squeezes in an era of heightened volatility. Whether this resurgence marks a fleeting triumph or a lasting resurgence remains to be seen, but one thing is certain: Beyond Meat's journey is far from over, and the stakes have never been higher.
NASDAQ:BYNDLong
by DEXWireNews
BYND is signaling a reversal LONGBYND on the 15 minute chart has been in a VWAP band breakdown finally slowing down with the ranging of the candles transitioning from wide body candles into ones more narrow. Earnings were a very mild beat in the thick of the fall as apparently traders expected more. The zero-lag MACD has crossed lines under a red histogram that flipped green. The dual time frame RS Indicator shows low green TF and higher black TF low in the range but holding over 20-25. Relative to the fall of price this is hidden bullish divergence. My analysis is that this is BYND at the near term bottom awaiting my long reversal trade. I will target 15.4 and 16.3 from the upside VWAP lines. If you are interested in my idea for a call option trade please leave a comment. If you find the idea helpful please leave a like or even a follow.
NASDAQ:BYNDLong
by AwesomeAvani
1
BYND - Signs of +(ve) Trend Reversal An update on BYND, a stock ive been watching. I have put out some ideas on it potentially bottoming out and this idea is an update on my previous thoughts. This analysis is on the 3D chart ALSO NOTE: Current 3D candle will close AUGUST 1st. I've split my thoughts into Bullish/Bearish sections, Lets start with the GOOD NEWS first! BULLISH THOUGHTS Currently we have 5 candles above the MAJOR resistance line that formed June 2021. If you look at my previous charts, you'd notice that interacting with it, drove BYND down to its current prices. THIS IS A VERY BIG ACHIEVEMENT in my opinion. Currently, indicating to me that we have attempted a trend change and have SUCCEEDED. Which would also point to the idea that we have most likely BOTTOMED out. HOWEVER, it is VITAL that we stay above this line and have it act as SUPPORT. There is a possibility of price moving down to touch the BLACK line, if it does we need to see how it reacts. NOTICE also the BLUE Moving average, this is the 42 EMA which has converged exactly where the RESISTANCE turned SUPPORT line is, adding another layer of SUPPORT. This is good to see as well, with the current 3D candle forming a LOWER WICK. This shows buying pressure or power. Notice also the GREEN Horizontal line, adding a 3rd layer of SUPPORT. Lets now look at the RSI -> Notice how we've broken above the upper BLACK horizontal line and testing it as SUPPORT. It is crucial that it acts as SUPPORT and we stay above it. If so, BULLISH CONVERGENCE is at play, which could help us break through the RED RECTANGLE ZONE. STOCH RSI -> Notice the curving occuring, indicated by green line. It would be great to see it curve and move back up above the 80 level. This would indicate bullish momentum coming back in. We don't want it to continue down. MACD -> Notice how the size of the RED histograms have shrunk. This shows waning BEAR momentum. I would like to see more green bars print, bigger in size. Also notice the BLUE/ORANGE lines are now above the 0 level. This is a bullish sign, i would like to see it continue up and have more of a slope up as well. BEARISH THOUGHTS Notice the RED RECTANGLE ZONE and upper BLACK RESISTANCE line. We have been REJECTED from the RED ZONE and the BLACK line has helped to push us down. We are also within a DESCENDING TRIANGLE, indicated by green horizontal line and BLACK RESISTANCE TREND LINE. These normally break to the downside. It could push our price below the MAJOR RESISTANCE LINE, taking us all the way down to the LOWEST BLACK LINE. RSi is testing very important SUPPORT. We need to absolutely stay above for the BULLISH DIVERGENCE to play out. STOCH RSI has crossed below the 80 level, which indicates bearish momentum. This could give the DESCENDING triangle "juice" to play out. Again, its crucial STOCH curves back up. MACD, blue/orange line behavior doesnt look strong at the moment, in my opinion. I would like to see it slope up more and begin to move higher up. That momentum can be enough to push price up RED ZONE. WE absolutely do NOT want Orange line over the Blue cross, this would indicate downward pressure, could give DESCENDING TRIANGLE fuel to break down. We also don't want LIGHT GREEN HISTOGRAMS to print, as it also indicates LOSS of BULLISH momentum. CONCLUSION: BYND is ABOVE the MAJOR RESISTANCE, that played a huge part in pushing prices down. On top of that the 42 EMA is converging to add extra layer of SUPPORT. Until PROVEN OTHERWISE, we have SUCCESSFULLY completed a MAJOR TREND REVERSAL, and may have BOTTOMED OUT, in my opinion. In the days to come we have to stay above the 42 EMA (BLUE), and BLACK LINES, maintain above the BLACK HORIZONTAL line in RSI, stay above the 0 level on MACD and more. If things, continue to stay above, probability of getting above RED ZONE increases signficantly. However remember there is always a chance of the opposite occuring, trading is not a game of certainty, thats why it is important ot continuously observe the charts to look for new clues. Keep an eye on the PRICE ACTION staying above our SUPPORT zones, DESCNEDING TRIANGLE, STOCH RSI and other bearish signals. TRADE IDEA: DESCENDING TRIANGLE: 1. Break below = take a SHORT 2. break above the BLACK line, take a long -> Approximating Target of upside or downside, measure the base (green line) to the upper part of black line, (remember this is an approximate target, it doesnt have to hit target exactly) TESTING BLACK SUPPORT LINES If you see price come back down, we will most likely test the BLACK LINES, which could be potential BUY ZONES YELLOW SUPPORT LINE: If we find our selves back here, this is MAJOR BUY ZONE, in my opinion. You can even DOLLAR COST AVERAGE STOP LOSS "Below the MAJOR RESISTANCE LINE" "Below 42 EMA" THANK YOU for taking the time to check out my IDEA! If you liked what you read, please do support me by FOLLOWING, BOOSTING and COMMENTING on what your thoughts are! DISCLAIMER: I am NOT A FINANCIAL ADVISOR. This is by no means FINANCIAL ADVICE. Everything expressed is my opinion and for educational purposes. When trading always set your own strategies, focusing majority of time on risk management. Protect yourself with stop losses! CHECK OUT MY PAST BYND IDEAS BELOW**********
NASDAQ:BYNDLong
by SafofAllTrades
BYND- Is there more meat on the bone?BYND has had a good trend up over about 15 days rising about 40% over the interval. The question that arises is whether the trend is now near to a top and so consolidation or reverse or instead can it continue higher? The indicators may give a hint on the 4 hr chart which being a higher time frame has better reliability than a low TF. About a week ago price crossed over the mean VWAP anchored to the beginning of the year. This demonstrates bullish momentum and concurs with the other indicators. Professional traders see the VWAP as an " over/under" of sorts something well known to sports betters. The Lorentzian Indicator which uses machine learning an many parameters including moving averages, average directional index, RSI and CCI printed a buy signal on June 23rd and has not yet printed a corresponding sell signal. The MTF RSI by Chris Moody shows both TFs with RSIs in the 65-70 range showing BYND not to be overbought and overvalued. The MACD indicator shows the K and D lines in parallel well above the positive histogram. There is no the suggestion of an impending line cross. Fundamentally, BYND products have not inflated to the extent of beef, port and chicken. Overall, I see an opportunity for a long trade. I will drill down to the 1 to 5 minute time frames and look for a pivot low. The target is about 50% upside at $22.5 the pivot high of this year in March. I will take partia profits along the way while raising the stop loss in lockstep with those profits as an effective risk management exercise.
NASDAQ:BYNDLong
by AwesomeAvani
BYND - bottoming out/ buy opportunityHi guys. So BYND is something ive been observing along with LMND and CVNA. WHich i believe these 3 have similar patterns, especially the BULLISH DIVERGENCE on large timeframes like the weekly. This analysis of Beyond Meat is also on the WEEKLY. Im using the Weekly timeframe as i believe these stocks are good investments (holding for more than couple months) for this current bullish activity, which i believe is the beginning stages of a Bull run that will extend into 2024. Look for more info on upcoming ideas i post, as i will attempt to analyze MACRO stuff. But anyway lets jump into BYND - Beyond Meat. Keeping it simple. Ive outlined major levels on the Price Action. White lines, Yellow Lines and Green Lines. The 2 white lines are VERY IMPORTANT. 1. From bottom up, this 1st white line is showing a BULLISH DIVERGENCE when compared to my top 2 indicators (RSI and MACD). This is when the price action has a low, followed by a lower low. WHile indicators are printing higher lows (indicated by upward sloping white lines on the RSI and MACD). 2. The second white line, is this downward sloping Resistance line that depicts the bear move from BYND top price. We've have many interactions with this line but could not break above it and therefore it has pushed the price down to our current prices. Expect in upcoming days to weeks to test this white line again. Remember the more times, price interacts with lines, the weaker the lines get so probabilities of breaking the white line are becoming more likely. Thats also why i believe BYND could have bottomed. And if we do break above this line, it will indicate trend change and probability of upside potential. Yellow lines. 1. First one from bottom up, is major support level that was created Sept to december 2022. Last 3 weeks we've confirmed below it however, if you look on the MONTHLY timeframe, we have not yet confirmed below this line and are currently fighting to be above this. I see this as safe until proven otherwise. We are also currently on the weekly, trying to get above this line. This also can mean we are forming or have formed a DOUBLE BOTTOM, which is a powerful bottoming pattern. Indicated by the 2 green curved lines. 2. Second yellow line from bottom up, is our next Resistance area. # 3 and 4 from bottom up. Long ways to go till we reach these 2 yellow lines but just to give perspective. These are major major levels. Green line If we reach the green horizontal line, This is my 1st zone if it starts acting as support, where i say OKAY now we are ON and the next level would be the #3 yellow line. Things start to look GOOD here. In relation to LMND and CVNA, which have played out. I believe Beyond meat will follow. Especially if we close tomorrows candle above the 1st yellow horizontal line from bottom to top. I believe the bottom is and will be in. INDICATORS: 1. RSI - Upsloping white line indicates BULLISH DIVERGENCE in relation to white line in Price action. Double bottom and having a DIVERGENCE is always a nice bottoming indicator. As my predictions for LMND were hit, i believe BYND will follow suit. Money is being made, itll move into these smaller cap plays. WATCH the white horizontal resistance line. If RSI gets above this, the bullish divergence will start playing out and we will probably start breaking through yellow and green resistance lines drawn. 2. MACD - Histogram indicates stalling momentum but the lines indicate an uptrend of momentum, and convergence for the BULLISH DIVERGENCE. 2 indicators supporting the bullish divergence is better than 1. 3. Wave trend oscillator - Is showing a bottoming signal, though on this particular chart its not a great indicator due to false signals. I believe that along with double bottom possibly playing out, the Bullish divergence. This is current print is a psitive signal. CONCLUSION: Overall, BYND has been on a downtrend for 2 years now. Though that doesnt mean BYND can't go lower. ALong with Bullish Divergence showing in 2 indicators, a potential double bottom forming and volume picking up somewhat. I believe the worst has passed for BYND. The bottom is probable to be in. You can compare the movement of BYND to LMND in my post below or CVNA which has had a signficant move recently. In my opinion, this could be a nice area for buy or long entries. If you liked what you read on this post, please do boost, follow and absolutely comment on what you thought or what you are thinking if you agree or disagree. Thank you. DISCLAIMER: The information posted in this idea is not financial advice, I am NOT a Financial advisor. This is my opinion only and for educational purposes. Please do take the time to think about strategies and to focus most of it on risk management. Never trade without stop losses. Thank you.
NASDAQ:BYND
by SafofAllTrades
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