Beyond Meat will be huge in the coming years IMO as the transition from us humans eating meat as our primary source of protien will ultimatly be made harder and most likly very expensive (check W H O there plenty of documents on agenda 2030 to go with what im saying)
Alternatives/subtritutes to actual meat should see the growth as it becomes the norm, weve...
Beyond meat has formed a classic Wyckoff accumulation pattern since September, broken the upper resistance and retraced back to the old resistance ( now support )
There's a strong diagonal resistance since June 2021, which price has be retraced numerous times before.
Price target determination:
- Distance from resistance and support of accumulation = distance...
4 month consolidation, breakout and retest of the previous resistance.
resistance turned support (bullish) now wants to head higher to 22-38 targets/local resistance areas.
Boost and follow for more! thanks ❤
Looking at the H4 chart, my overall bias for BYND is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market.
Looking for a pullback buy entry at 16.65, where the 38.2% Fibonacci line and overlap support is. Stop loss will be at 11.04, where the recent swing low is. Take profit will be at 22.54, where the overlap resistance...
Looking at the H4 chart, my overall bias for BYND is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market.
Looking for a pullback buy entry at 16.65, where the 38.2% Fibonacci line and overlap support is. Stop loss will be at 11.04, where the recent swing low is. Take profit will be at 22.54, where the overlap resistance...
If looking at last year's POC of BYND, you can notice we have been oscillating above and below that $15 range since September 2022. BYND has been in this slightly sloping downward/sideways channel with the most recent low being the bottom of the value range, building a nice base for a move higher.
In recent days I've noticed some unusual options activity in a...
Short and sweet here.
BYND is showing signs of consolidation and reversal. Investors with high risk tolerance can take a long position at this location with a stop-loss around ~$14, as this would indicate failure to truly reverse. The first true confirmation of reversal would be a break out of its channel established in September, with a close above around...
No good picks for today. Still not breaking the bear market.
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Weed stocks have been underperforming the other sectors while the rest is slowly starting to light up. However this could be a great oppertunity to get into late entries when the rest is confirmed to have taken a bullish direction weed should follow.
Crypto has been outperforming the other sectors this week as you can see all heatmaps are turning red.
Asian...
STOCK ANALYSIS FOR NASDAQ:BYND
Buy Zone trending line upwards from $11-$15
Indicators used
* 195 MINUTE TIME INTERVAL (This is HALF THE SESSION TIME, VERY VALUABLE TO KNOW)
* ZIG ZAG (ABSOLUTELY SIMPLE BUT AMAZING INDICATOR TO INDICATE AND ESTABLISH TREND)
* DIRECTIONAL BIAS (VERY AMAZING INDICATOR)
During the falling knife phase, the directional bias...
SP500 may bounce and retest the 3960, but i dont care about it.
Cuz BYND has its own trend, i hope it will move up to 13.5-14.0 level as market bounce
bearish both on daily and weekly chart.
One reason i dont like is when ppl can not afford cheap real beef as cpi blast, who will buy the high price beef made by vegetables?
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...
Whats The Plan/Trade/Thought
BYND does alternative meat (beef). During an inflation period with interest hikes. I believe the company will get hit by more expensive loans and consumers will move to cheaper meat alternatives like chicken
Risk Mitigation
I see 16.51 as my indicator that my direction is wrong and I should exit
Can You Trade The Opposite Side...
