Beyond Meat 2.0 with Real Meat Protein! Welcome MEATECH 3DLook, i have a premium signal for all the 4364 Tradingview followers family.
MeaTech is developing a novel, proprietary three-dimensional bioprinter to deposit layers of differentiated stem cells, scaffolding, and cell nutrients in a three-dimensional form of structured cultured meat, often called "clean meat" or "cultured meat."
MeaTech Announces Pricing of $25.0 Million U.S. Initial Public Offering of American Depositary Shares and Approval to List on Nasdaq Capital Market. (prnewswire.com)
MITC MEATECH 3D Market cap 128.347M vs Beyond Meat Market Cap 8.767B
I see a 10X play here!
Not trading advice.
Meatless
Beyond Meat is dangerous I am not playing BYND, there are far too many people who lost money shorting this. They might be coming back for some more beating...
On the other hand, do you actually believe BYND shares are worth more than $200 ?
The option straddle is pricing a 20% move on earnings reported today (Monday 29th) after close. I think it might change even more. Specially on a downside.
* Set your limits and know how much you are willing to lose if this don't go your way!
Also remember, your limits will NOT apply on the price changing outside regular hours.
Tyson technical/fundamental bull analysisFundamental analysis
With all the hype around Beyond Meat meatless burgers. Tyson (TSN) who is a now official competitor on this semi-new (not only for vegetarian) market could be a gainer.
Technical analysis
RSI @48 trending higher (could be stronger)
OBV confirming at all time high
We made a head and shoulders (shown on chart), with a positive uptrend on the support level.
Price target as well as stop-loss limit are drawn in the chart.
Happy trading!
dorfmanmaster
