I originally bought BYND @ $112 a few weeks ago. Since then, it peaked @ $160 amid news of recent hire Phil Hardin to CFO. Hardin was considered a "veteran" at Amazon where he previously worked as a VP of Finance. I'm waiting to confirm this pattern. If it hits $150 before the end of October, I will sell. I will then buy back in where the triangle forms around $117.
watching to see if the 9 ma holds a rejection here would suggest it retest the lower trend line watching gp for rejection
Beyond Meat is breaking out of a Bull Flag and is at the bullish 50 & 200 day ema crossover point. If the price can break through and stay above the strong 170 resistance area for a couple weeks this could confirm a bullish long term trend. Although there needs to be a considerable increase in volume to make this happen. Watch out for a "Fakeout" above resistance...
NASDAQ:BYND broke out of channel two days ago and has setup a favorable long trade. Entry above today's high at 157.45 Stop loss under today's low at 151.47 Profit target has multiple options but I am going just under the resistance from 2/16/21 at 183.50 Risk/Reward ratio of 4.36
This is my favorite set up of the week. For me a clear break and hold of $147 is a signal to long. Drop off in volume with sideways consolidation is a good sign for upward momentum.
Most of the meme stocks have been moving off the monthly squeeze aka A8. TLRY has a similar setup with magic Mike potential. If this ticker is the same setup as AMC then we can see tlry double from 20 to 40 in in less than 7 days.
Huge cup and handle on Beyond Meat's chart. Still has high short interest. In the long run this should be a $200 stock.
Just kidding.. Possible ghost resistances ahead and a diverging Laguerre RSI... Enjoy the squeezes but be safe! NYSE:AMC
30-day put-call of .7 has fallen to .4 for the 1-day put-call which is a bullish indicator. If retail traders get behind this name forcing those who are short to cover, they could push this back towards its high of over $200 a share. Short & Put-Call info provided by Schwab.com
HI THERE, HAVENT POSTED MUCH AS I HAVENT BEEN TRADING ALL THAT MUCH RECENTLY. BEEN FOCUSING ON BUILDING UP MY LONG-TERM PORTFOILO WHILE LETTING THESE CURRENT LOSER SWINGS PLAY THEMSELVES OUT. (APRE & CETX) THIS HOWEVER IS IMPOSSIBLE TO SAY NO TOO. BYND IS TESTING YEARLY SUPPORT WITH THE SHARE PRICE BREIFLY BREAKING THIS LONG-TERM SUPPORT AND HAS NOW BROKE...
chart-art shows POSSIBLE uptrend , green trend-line means bullish Short to midterm. ~~N0 Speculations or arrows. And N0T trading Advise / 0pini0ns either, dyr pls. Why do these coins have same patterns, and pump in the morning & dums in the nighttime ? idk..
During the next 2 months, the stock market will undergo a correction due to inflation fears. Beyond is a great company, however, this drive will cause the stock price to drop to the maximum possible retracement, .146 sitting at around ~$73/74. This is confluent to the bottom of the triangle. The worst-case scenario is that we enter a bear market for some reason...
Gonna run this summer Entry: $120-$130 Targets: $172, $183, $191, $227 Stop: $113 DCJ
Long entry: 131 usd Take profit: 6500 usd This is my personal opinion and this is not a financial advice! Good trading!
BYND; bullish bat and a bearish butterfly point to higher prices from 130.
It's been a while since I've done an iron condor, but BYND has been trading sideways for a while. Bull put spread is below the 100 SMA on the weekly. Bear call spread is above the 100/200 SMA on the daily. Time is less than a month. I DIG IT