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...
After a long consolidation, $BYND is ready to fill the volume gap above.
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...
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...
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...
No good picks for today. Still not breaking the bear market. 🟢WEED STOCKS TOP 10 Teradyne Curaleaf Holdings Green Thumb Industries Trulieve Cannabis Corp Canopy Growth Corp Verano Holdings Corp Cronos Group Inc Tilray Brands Inc Cresco Labs Inc SNDL Inc 🔴CRYPTO COINS TOP 10 Bitcoin Ethereum Binance Coin XRP Dogecoin ...
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...
Classic bullish diamond formation. Should mean that the price will go up, but there's no reason for that to happen other than due to a squeeze which could happen as the stock is at 148% borrow fee at the moment. On the other hand, BYND's financials are bad and the market may be about to go in bear mode which would instead support the move down. The correct move...
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...
BYND is sitting at key support line (green). If the support line holds - price will go re-test the orange line above and try to breakthrough. If the support line fails - price will go down to test the orange line below for support. If the orange line holds as support - the green line will become resistance.
There are no doubts that BYND is going nowhere! But why? It's worth mentioning that they had a first wave of layoff (~40) in August, followed by second wave that happened yesterday. Yesterday more than half (words say 75%) of R&D department were notified virtually that they no longer work for BYND. Company has been struggling with cash flow for months, words on...
Long entry: 14 usd Take profit: 4000 / 8000 usd This is my personal opinion and this is not a financial advice! Good trading!
BYND monthly at the bottom stop loss $0 take profit $136.36 at point of control.