BYND - DAILY CHART Hi, today we are going to talk about Beyond Meat and its current landscape.
Beyond Meat is poised to receive increasing attention from the market as the company starts to consolidate on the market with strong partnerships with Dunkin’ Brands, Dave & Buster’s, and Yum! Brands that take Beyond Meat off the unicorns slaughterhouse that Wall Street has become for the most recent IPOs. With the establishment of the company products on the market, Beyond Meat can have a great run ahead and possibly become a Blue-chip company.
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BYND
Watching beyond meat (BYND) as long term stockBYND is going to touch:
- LONG support line of previous uptrend ( green )
- and the SHORT resistance line of a current downtrend ( violet )
If the price will go higher than 78.5 and it will manage to stay there for a while...
And then starting right after 79.1-79.2 there will be a huge grown in close future!
P.S: I made a mistake, that bought that stock at 83 and then at 78.12 before market confirmed it's growth.
sun-up:
Don't buy after the weekends, before the market opens.
BYND Swing IdeaLooking to test the squeeze indicator a little with this one now. Back to neutral, hoping it continues to green!!
Liking the MACD rising w/ RSI and positive volume coming in (although slightly light vol.) and the possibility of BYND reversing course and heading up towards $100.
Once we break $84.5 - BYND should quickly to $91 area. Assuming market remains green and positive macro events go our way. Would have a reasonable timeline with this trade too, BYND does tend to move quickly historically so always have cash on the side to avg. down.
GLTA
To Infinity & BYND - Beyond Meat Inc This is another company we've been watching closely since its IPO. (similar to Uber) Both companies surged on hype and hopium.
$BYND is down -70% from its all time high in late July. Many competitors and rivals are gaining momentum in this market. There's a lot of speculation waiting to see what is going to happen with a BYDN & McDonalds partnership.
Neutral for now.
Either way will give moneyRsi 4 h aiming for a bounce plus the weekly oversold cotsco news today and waiting mcdonalds news by end December once finish the trial
Support at the 73 74 got broken no a good thing big drop falling pattern looks very much like acb
But also like tsla
Overall im loading both sides put and calls
From here a big move is expected puts loaded at 75 longs at 72
Expect big move if drop bellow 71
Big move if cross 76 80 85
TIME TO BUY $BYNDOne of the highlight of 2019 was the euphoric rise of NASDAQ:BYND after its listing. like all parabolic rise it always ends in tears for inexperienced investors and $BYND was no exception
well after it retrace i think it may have found bottom and is currently building it accumulation region 76.15- $83.25.
i would expect this stock to range for a while building a healthy base before resuming its uptrend
buy zone $78- $76
This trade invalidates if prices trade below $75.5
BYND, possible bull-trend incoming.Stock Practice #2
The 1st wave finished off with an Elliot wave pattern of 1-2-3-4-5.
Waiting for confirmations:
- Break of trend-line.
- Weekly extremely oversold.
- Wave 2 cannot go lower than 85.4%, a drop below $70 would mean the worst for BYND.
- Daily bull divergence.
Looking Exhausted, Step off the Bike and Cool DownPeloton has miraculously revitalized the Trend of In-Home Aerobics crap
You all remember the 80s-90s when Mom and Dad spent a fortune on crap they only used for a year or less?
Yep we are seeing it again, This time its with the Credit Card everything generations.
Very big bubble, could inflate much higher - like Pot Stocks or Impossible Meat
BYND: DEC 20TH 80 COVERED CALL (REVISED)Posting a revised visual depiction of this trade (see Post Below) showing the 80 short call strike that covers the stock, plus the December 20th 115 short call I sold against on the post-earnings pop to $90 or so, along with my cost basis.
With price breaking my short call here slightly, I may add short call to cut net delta in the position, particularly given the fact that background implied remains high (61.5%), earnings are in the rear view, and I don't have a ton of much else going on ... .
BYND bullish cypher and demand zone after the earning CRASH.BYND actually had a nice earning report yesterday while as the locked up period had ended,
it was sold-off fiercely.
Still, alternative-meat industry has lots of rooms to be imagined,
to look for a careful buying opportunity isn't a crazy idea!
Here we got this bullish cypher pattern and little demand zone structure near 68.00 spot,
I would be interested in the long with 2 possible outs:
1. short-term: below 60.00 (a 10%-risk trade)
2. long-term: below 45.00 (a 30%-risk investment)
By now the market still need to digest the selling pressure so I'm in no hurry to get in the trade,
to wait for a clearly reversal sign there as a final confirmation of this idea is necessary!
Let's see how it goes yo!
Pseudo Meat - The Final SqueezePlease know this is speculative and not serious. Please do not trade beyond meat lol. I'm not responsible for your loses/emotional distress.
I was just bored looking at this sh*t show, when I noticed an interesting pattern that could play out. Bearish 5-0 Pattern (See link for rules).
**I removed all the fibonacci retracements to make the chart look clean**
The XA retracement falls in line with the 1.13-1.618 target range.
The AB retracement of 1.618 - 2.24 probably will just barely hit. We are being held up by the POC on a significant volume profile right now. If it held here, I wouldn't rule out the pattern.
Lastly, short squeeze to the 0.50 of BC @ 158.35 before selling off gracefully.
**This can go much lower than the 1.618 fib, hence the rule for point C 1.618 - 2.24 (Essentially once it "bottoms", however if shorts are squeezed and it "bottoms" expect a 50% retracement).
Now I know what you're thinking, IPO lock up is done. This overvalued pseudo meat company is going down way further. I agree. If this thing was a sh*tcoin, it'd probably be Verge. I don't know.
However, it looks like the stock market is about to go on a run with interest rates being cut at ATH's, billions and billions of liquidity being dumped into the repo market daily, and dollar-weighted put-call ratio beginning to flash a buy signal (www.optionstrategist.com); I really wouldn't be shocked if this sucker screws the bears one last time before its inevitable collapse.
I'm not saying go long. Not saying go short. I just wanted to float this out here, because on the off chance I'm right it'd be kind of cool.