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...
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...
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...
BYND price fell below its first support zone and at the moment there is no major technical barier for the price to stop at. I`d expect the price to continue ranging and/or falling to the second support zone until earning and revenue reports come.
There is a wolfe wave setup on the 195 min time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 116 which is expected to reach this price target within approx 39 hours (195 min x 12).
A lesson in over-reactions to positive news in the market, and BYND is no stranger to that. I would exit this if you're long as the risk-reward on this shorter term isn't worth it. Often times these announcements will pump the stock so high up that it creates a gap in the charts. The gaps often need to fill to create healthy price structure. It's not ALWAYS the...
Short term bearish long term bullish. Rejection of white trendline and supply zone
Spinning top candlestick at the the top of an uptrend of 7 straight green days. Could be a signal for BYND to consolidate, especially if SPX finally starts to cools down. A push down to 175/170 would be healthy move down before continuing back up.
Looks a bit bearish to me, analyzing as I am interested in buying stocks for this
Leading diagonal ended and price is correcting in a wedge. The wedge’s bottom trend line is speculative because we do not yet have another price point to establish a valid trend. However, if you’re familiar with Wyckoff, then you may make out the distribution phase pattern that began at end point of white line (at fib level 1). Also, notice the nearby price gap....
BYND wave (2) pullback in progress with more push lower towards $107 to then complete wave (2). Looking to set up some shorter term income butterflies before we rally in same degree wave (3). Check Video Update for Trade Execution.
Quick Breakdown of Beyond Meat $BYND Trade Details: - Estimated Time: 6-8 Days - Short Entry: $151.64 - Short Target: $142.73 Options Play: - BYND Put $142 7/2 @ $275 Do not trade this, you will lose money DotcomJack
✨ We provide charts every day ✨ Like and Follow to help us grow family! 🎉 --- Looks like bull, tastes like bull, but its time to find out what this Beyond Meat is really made of going into earnings. Look, people need to eat even during COVID, but are they eating enough Beyond Meat for price to break through resistance, that is the question? --- 1. Fractal...
3 in-depth scenarios taking you through how I plan on playing earnings with NASDAQ:BYND Scenario 1: Mini Falling Wedge (Bullish) If this is indeed a falling wedge, we should see it smack both support and resistance 3 times prior to its decision. If this is the case, I'll be looking to grab a position later this week for a short-term trade. Scenario 2:...
BYND now in a choppy zone, if we can get below $84 then this could shoot down to 73 quick before making another bounce, careful on this as IV is high and these options move fast.
The rally in $BYND shares looks to be over on the news Tim Hortons is halting sales of its products in Canada. Here's the news from Bloomberg: (Bloomberg) -- Tim Hortons restaurants have stopped selling Beyond Meat products at its coffee and donut shops across two of Canada’s biggest provinces. The chain had been serving the Beyond Burger and a Beyond Meat...
Just some TA on how to trade a simple break of a support trend line.