Classic bullish diamond formation. Should mean that the price will go up, but there's no reason for that to happen other than due to a squeeze which could happen as the stock is at 148% borrow fee at the moment. On the other hand, BYND's financials are bad and the market may be about to go in bear mode which would instead support the move down. The correct move...
Beyond Meat - 30d expiry - We look to Sell at 16.18 (stop at 17.45) The primary trend remains bearish. This stock has seen poor sales growth. Price action continued to range between key support & resistance (12 - 16) and we expect this to continue. Preferred trade is to sell into rallies. 16 continues to hold back the bulls. The bias is to break to the...
BYND is sitting at key support line (green). If the support line holds - price will go re-test the orange line above and try to breakthrough. If the support line fails - price will go down to test the orange line below for support. If the orange line holds as support - the green line will become resistance.
There are no doubts that BYND is going nowhere! But why? It's worth mentioning that they had a first wave of layoff (~40) in August, followed by second wave that happened yesterday. Yesterday more than half (words say 75%) of R&D department were notified virtually that they no longer work for BYND. Company has been struggling with cash flow for months, words on...
Long entry: 14 usd Take profit: 4000 / 8000 usd This is my personal opinion and this is not a financial advice! Good trading!
Keeping it short and simple. Temporarily removed all indicators, just trendlines and Support/Resistance. Oversold, pushing upwards, will stabilize a little before the monthly close. Quick 20% is our goal here. For the meme lords: 39% Float Shorted. Disclaimer: I personally am a non-believer of the company. BYND is an absolute shitshow + retarded management so...
Messy chart but lots of indicators providing confluence for a quick bounce back to the top of this summer's range Targets $32, $38 SL ~$21-$22 for leveraged trades, ~$18 if buying spot
Well it's better than bug and lentil souffle I guess... Target is the yellow line NOT TARDING ADVICE
I’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,...
Almost 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 is inside correction , after all this up and down can be watched for big long
This 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...
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
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...
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...
Long entry: 35 usd Take profit: 6000 / 10000 usd This is my personal opinion and this is not a financial advice! Good trading!
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...
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...