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,...
Bullish Case: 1. ATL is floored in March followed by a Bullish rally in April as happened previously in 2020. 2. Price is on a major support. 3. Bearish Trend Line is broken with a green candle. 4. ABCD pattern completed and price has retraced with bullish candles. 5. Formation of Bullish Rectangle 6. Bullish Divergence 7. Fib retracement from ATL to 0.236...
After a big drop, $bynd has consolidated and looks ready for higher prices
I originally thought this was trading in a symmetrical triangle (month view). I discovered diamond patterns. It's making me go hmmmm... What do you think about this idea? Diamond Patterns signal a reversal: www.moneycontrol.com
Beyond Meat, Inc., a food company, manufactures, markets, and sells plant-based meat products in the United States and internationally. It operates under the Beyond Meat, Beyond Burger, Beyond Beef, Beyond Sausage, Beyond Breakfast Sausage, Beyond Chicken, Beyond Fried Chicken, Beyond Meatball, the Caped Steer Logo, Go Beyond, Eat What You Love, The Cookout...
$bynd earnings tomorrow We are near IPO price We could be seeing some sort of relief bounce on earnings call tomorrow
So my pennant wasn't correct last week, it actually formed a much bigger one. As you can see, it's overbought on the hourly, so probably a bear trap dip this afternoon and possibly tomorrow. Things like to back test the pennant before breaking out so a down day won't surprise me but I would not short this stock. Rather wait for the breakout and go long. ...
I don't even like BYND meat but supposedly bears are piling onto the stock, and so I looked The chart looks poised for a reversal higher on both the daily, weekly, and monthly charts. If they got it to break to new lows I could see it going lower but right now it looks like it should go higher, which would kill all the bears.
Potential triangle/inverse head and shoulders forming as well as weekly bullish divergence. These sort of stocks like to run while the market is choppy which i expect into March. Breakout above 80
$BYND Support 62.94 Resistance 70.57 Consider Calls above 72.75 Consider Puts below 62.94 The 107k 70p sell on 1/07 caught my eye. Most other large purchases on 1/07 were leaps - the other big purchases that are DTM puts seem to be the closing of some OI - will confirm today see my twitter for more
Looks to me like BYND is forming some sort of pennant today. I think it moves big on Monday, could be worth playing a spread or maybe a protected long position. The top is probably in for the day so you might as well wait until right before close to make a decision. I'm leaning bullish based on daily chart patterns but it looks like a lot of people who bought...
Beyond Meat - Short Term - We look to Buy at 60.97 (stop at 55.50) Previous support located at 60.00. The bullish engulfing candle on the daily chart is positive for sentiment. We look for a temporary move higher. This provides an excellent risk/reward opportunity to fade the current bearish move. Our profit targets will be 85.29 and 94.12 Resistance: ...
Huge reversal today in beyond meats. Could see this potentially go on and fill the gap in the lower 90's!
$BYND has been riding the previous sloping resistance. Looking for a move back towards the new sloping resistance. PT ~75 -> 80~ short term. then back down. A break out of the red sloping resistance could retest then breakout to the upside, a failed test would bring $BYND back down to the demand zone.
Are you ready for the bull run of Beyond Meat? It will start very soon! Long entry: 65 usd Take profit: 6000 usd This is my personal opinion and this is not a financial advice! Good trading!
The main level I'm interested in is the support at 50.00. If the price reaches that level, I will start thinking about bullish opportunities. Let's assume that happens. The pattern I want to see is: First: breakout of the current descending trendline Second: a corrective movement with similar proportions to the red line you can see on the chart IF all...
I expect Beyond Meat to bounce off orange support. But there is still ≈ 20% before it. Additionally, cyclical analysis suggests a reversal from decline to rally in the second half of Jan'22. I set the alarm when the thin turquoise line is broken, after which I will start purchasing by the pyramiding method. Not a financial recommendation. Take care.
Buy Order set between the 1.786 macro fib and the 3.618 micro fib. Oversold so why not + Bullish Trendline Div Fundamentals aren't that good - Losing money (source: Balance Sheet). The company's product is in many supermarkets. Betting on this being the leader of alternative meats.