There's a potential reversal on BYND. We've hit a solid support now but are still yet to overcome the resistance. If resistance is overcome I can see the 50s happening again and perhaps a retracement to resistance forming a H&S. They dropped 25% on earnings and rallied +10% intraday. Reported 110 mil and maintain 590mil avg yearly rev. That means BYND think the...
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...
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...
Headfake this week thanks to the whole Fast Company Fake News but it did help get BYND stock back on the radar for some who all but forgot the fake meat company existed. MCD news on good earnings today seems to have helped other food stocks. Whether the McPlant becomes a staple for McD's is to be seen. Some of the current restaurant brands on the roster...
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,...
Bouncing up against upper ray. Good risk to reward with a tight stop at upper pivot. Overbought on 4H and moving up on decreased strength.
Setting up to make a move. Either way up or down, we know what to do and where the target will be. breakout of either side we take a parallel line and place at the furthest tip of red or green (to the side of the breakout/down) and will be the first target.
LONG-TERM: Tweezer Bottom to spring and backtest above a historical support with classic bullish divergence and a downsloping channel breakout. (not financial advice)
After a big drop, $bynd has consolidated and looks ready for higher prices
$BYND is close giving a buy signal. above trigger-line a st move to $55 or $60 is to expect.
Title says it all up up and away. Fundamentally with the whole ESG push there is no way that this company, doesn't rage back up into the $100+ area. However on the technical side, looks like it just lost its last level of support so should crash and burn. Wouldnt be surprised to see a hostile takeover where billy gates comes in and swoops the tech at the right...
Beyond Meat. its what everyone wants/ needs + it taste good. variable factor ESG check. Institutional support check. Growth check+. Price check. Short interest check. Cyclicality check. Historically a Pair trade, Breakout ready. Yes. Beyond is 100% go inverted head and shoulders Bull Flag. PRICE is Right... Target *80 upside can be much higher regression channel...
Not a vegan, first stock post, $BYND preparing to fly like a chicken
nice break past downtrend resistance, break below 40.43 and we may see some more downside, a move over 45.24 and im targeting 49.08-54.97
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...