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.
Bullish harami pattern on the 1W Beyond Meat chart. Example of a trend reversal. #TheTradeSchool
This thing is oversold for almost a year. With a meat tax coming to the EU and the McPlant to the US it has nowhere to go but up.
Keeping it short and simple. Temporarily removed all indicators, just trendlines and Support/Resistance. Oversold, pushing upwards, will stabilize a little before the monthly close. Quick 20% is our goal here. For the meme lords: 39% Float Shorted. Disclaimer: I personally am a non-believer of the company. BYND is an absolute shitshow + retarded management so...
Prepared for a brief presentation. Beyond outperforming to the upside and also outperforming to the downside. Kellogg staying steady while paying a dividend. Plant-based meat category considerations.
NASDAQ:BYND Still in early stages but currently showing bullish signs. On weekly chart a bullish divergence is showing on RSI while Stochastic is getting closer to resetting. Potential 116% gain from current $24.24 price. Waiting for wedge/pennant pattern confirmation on daily / weekly.
Messy chart but lots of indicators providing confluence for a quick bounce back to the top of this summer's range Targets $32, $38 SL ~$21-$22 for leveraged trades, ~$18 if buying spot
Greeting and welcome, PLEASE NOTE: So just to put it out there, i am by no means an expert. This is strictly for educational purposes and would love to hear your insights, tips, advice and more. Best ways to learn is through expressing what you've learned so far and engaging with others. Also, i tend to focus on TA alone and barely go into FA and therefore will...
Two bowls on the BYND charts. Seems like a strong resistance point here. Earnings on the 4th August. Think we'll see a small rally to around $50 over next couple of weeks and earnings results will decide if we have a retracement back to $35 forming a inverse H&S of PT $90 or a rally onto $90 closing that gap.
Posted crap earnings AH, no movement, same as Wayfair this morning. Shorting garbage may be difficult in this bull market, only short stuff that's bounced up a lot like AMC, lol. I guess we're still in a short squeeze
Well it's better than bug and lentil souffle i guess Bull div building Beaten down Will only get more adoption GRI 2022 NOT TARDING ADVICE
Well it's better than bug and lentil souffle I guess... Target is the yellow line NOT TARDING ADVICE
1 - BYND broadening wedge breakout on 15th July. Retracement hit last week of July followed by downwards channel support by broadening wedge. 2 - Initial resistance level makes sense to be a golden pocket region as this corresponds to the top of the gap just below 100. Price sometimes rallies to close gaps and drops back for contemplation phase. 3 - Contemplation...