$BYND Beyond Meat Breakout Imminent
As per the chart we see a significant break in the coming days, the stock has failed to rally as the market has hit all time highs, so caution needed by longs.
0Q3 trade ideas
Beyond Meat basic observationBYND has really liked this channel in its overall price history. I'm looking for a bounce and a move back out of the channel, if the bounce doesn't occur and this moves to the bottom of the channel I'll look for a short when the channel is broken. I will be looking to go long or short based on how the price responds over the next couple of weeks to this area. Setting 3 different alerts and I'll be looking as using at the money options for 2 months out on my entry when I see it.
BYND: Consolidating nicelylook at this sexy beast. I hope it holds well and breaks up and be ready for earnings FOMO
$BYND Short?NASDAQ:BYND
Price is below the declining 10-, 20, and 50- Day Moving Averages and is testing the VWAP from the March lows.
This could be a short opportunity.
BYND 8/24 to 9/4 Trading PlanBYND looks like it has been consolidating in between the 120-130 range again like it was back in July. Breaking above 130 and we'll see it push higher.
Resistance
Watch 135 minor resistance to continue higher to 142.
Support
On the downside breaking under 120 and we'll see a pullback down to 115's
Head and ShouldersDouble check me on this one
Short entry with this pattern would be when price closes below neckline in a strong downtrend
This pattern can be long in the making and you can have some relief rallies up from time to time.
I don't do the short thing, but if I did I would place my stop above 131.45
My targets would be: 91 to 83
T2: 61
Not a recommendation
$BYND Possible relief Rally Setting Up In Beyond Meat
Anchored VWAP Held as support once again.
7MA resistance on daily.
4hr chart showing some divergence so on watch for relief rally.
Alert set for break above VWAP
Beyond Meat - H&S or Falling Wedge?Just an Idea. Do not trade based on my Analysis. You've been warned.
For BYND there are two Possibilities, either it will break down or up. There are two patterns, a Head & Shoulders which is Bearish and also a Falling Wedge which is Bullish. Both pattern are not confirmed yet and also not invalidated, trade the Breakout, wait for Conformation.
Head & Shoulders
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Falling Wedge
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BYND Beyond Meat is slowly making its way the buy zone. After the price reaches the box labeled "bounce zone" at around $100 which is wave 2 down. This will be the last time in a long time that the price will be in this region. Expect a powerful wave three for a price to rise to the $500's. There are some fundamental reasons that this stock should continue to rise as well but I don't trade on fundamentals. All the best.
BYND- Danger zoneShort it at the supply zone (132 to 140) and close the position at the target lvl coincides with SMA 200!
$BYND - For Long Position holders, Do not break 120-119 ! Good luck
Not for any advise
Just an Idea,
BYND Head and SHouldersBYND is about to break through its neckline at the 123 level. It has developed the head and shoulders pattern. I'm looking for this to fall to the 112 area.
SHORT: $BYND- currently correcting
- looking to open a long position at 100 area as long as there is an intra-day bullish divergence
BYND LOOKING BEARISHLooks a bit bearish to me, analyzing as I am interested in buying stocks for this
