BEYOND MEAT Stock Chart Fibonacci Analysis 052423Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 11.2/61.80%
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About Beyond Meat, Inc
Sector
Consumer Non-Durables
Industry
Food: Major Diversified
CEO
Ethan Walden Brown
Website
beyondmeat.com
Headquarters
El Segundo
Employees
876
Founded
2009
ISIN
US08862E1091
Beyond Meat, Inc. engages in the provision of plant-based meats. Its products include ready-to-cook meat under The Beyond Burger and Beyond Sausage brands, and frozen meat, namely, Beyond Chicken Strips and Beyond Beef Crumbles. The company was founded by Ethan Walden Brown and Brent Taylor in 2009 and is headquartered in El Segundo, CA.
BYND - thesis played out - traded below $10BYND - thesis played out - traded below $10
Caution at +$117 in Aug-2021
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Can BYND rise from its support /demand ( multiyear low) ?BYND had it surge in the post Covid months. As seen on the weekly chart, multiple
touches of the supply / resistance zone occurred in the range of $160-180 per share.
Price is now at 5-10% of the highs and at the multi-year lows. Volume is weak.
The RSI swing indicator has given a buy signal bu
Look for long term buyHello
@beyondmeat stock chart.
Companies net loss more than tripled for the H1 2022 as compared to last year.
Net Loss per share @ -ve 3.11
-ve cashflows
Stock topped @ USD 239.71
Current price USD 33.22 (-90% from top)
Recommendation: DON'T BUY (may remain @ bottom for long)
BYND : UpdateEMAs are already bearish with the price that already tested in a bearish way the slow EMA 250h and created a new lower low.
The next interesting swing level is at 14.17
BYND - 50% GAINOn the chart, we can see a triple bottom for BYND, which is at its all time low.
Because of these facts, we expect a huge upside for BYND 50% gain from its current price.
RSI is showing a bullish divergence.
More details are shown on the chart.
Good luck!
$BYND ShortThis is a straight up intuitive hit from meditation and I don't hate it. I love to short fake meat products LOL
I "hear" it'll drop $4 & it popped in immediately when I asked what to short. Last week the answer to the same question was $DB and that worked out.
I don't follow this one much fyi. I'm k
BEYOND MEAT is close to a mega bullish break-out.Beyond Meat (BYND) is below its 1D MA50 (blue trend-line) but unlike the previous break on August 19 2022, it is reversing to re-test it as a Resistance. If successful, it will be the first step towards a major bullish break-out.
The long-term Resistance is the June 30 2021 Lower Highs trend-line,
Short on $BYNDI don't know how this company is still in business. Started taking shorts here, and I think we're headed back to structure.
BYND Bearish inclined naked calls 17 Mar expiryWhats The Plan/Trade/Thought
We have to adopt a Range market stance. When markets are going down with fear,
go short on weak companies when they are 75% at the top of the range.
The current story and situation of BYND fits this criteria in terms of weak operational roll out, business viability in
See all ideas
BYNDBeyond Meat goes beyond expectations
A sales beat, however, was not enough to keep the sizzle for long.
BYNDVegan exec consumes human nose
Of all the tasty things that could tempt a vegan food exec to the dark side, a human nose was literally last on my bingo card.
BYNDThe retail army gets stuck in
Last week served up Q2 earnings from retail faves like Beyond Meat, and the day trading army rolls up its sleeves and tucks straight in despite some undercooked results.
BYNDA sizzle-less earnings report
Beyond Meat releases a limp earnings report that lacks the sizzle a truly great burger needs, sending shares to fresh all-time lows.
BYNDThe veganning of the end?
Beyond Meat releases its second consecutive set of stock-tenderizing earnings, but prices get plumped back up as the overall market claws back its sharp losses.
BYNDVegains gone bad
KFC gets Beyond Meat investors drooling before an advertising faux pas turns things rotten.
BYNDBig Macs and Beyond
Beyond Meat gets the breath of life from some analyst optimism.
BYNDBeyond Meat gets burned
Beyond Meat earnings have less life in them than one of their vegan burgers, sending prices plummeting 13% on Thursday.
BYND$1bn raised in bond offering
There's clearly investor appetite out there for plant-based patties, as Beyond Meat successfully upsizes its $750,000 convertible senior notes offering to $1 billion on the back of strong demand.
BYNDFast food and FY results
Wow, big day. Beyond Meat announces Q4 results, which slightly miss expectations, but bounces back with news of two major new partnerships with McDonald's and Yum!
BYNDBig boost on the back of Pepsi Partnership
In an unexpected twist, Beyond Meat teams up with fizzy drink giant PepsiCo to develop a new range of plant-based snacks and drinks through a joint venture called the PLANeT Partnership. Shares jump almost 18% on the news.
See all events
This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
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