Ownership: 25SEP21 160/162.5C (Debit Spread) – Day/Swing Trader Portfolio
I own both Shares and Options - Long Term Portfolio
Description:
I am an alternative meat eater 2 days out of the week, I do this both for health reasons and environmental. I'm a bigger fan of impossible meat than BYND, but still believe in BYND as a company. Let’s talk short term though.
BYND saw a HUGE run last week where we jumped 17%! Then we saw a healthy market pullback along with the rest of the market. As of right now we are in a healthy Ascending Triangle and I believe we’re heading to 158.39 which is a strong weekly resistance right now. I’m also waiting for my DOA Sniper to fire Green.
If we break 151.35 on Monday, I see us heading to 158.39, then 167.59/168.36 very easily. Once there we’ll either keep climbing or drop back down with an easy pullback to the weekly resistance.
PLAYS: I would stay close to ATM/ITM for any short-term swing trades, I’m bullish it’ll run so you’ll make your money either way. Because of the overall market uncertainties STAY RISK MANAGED no matter what you do lately.
I own both Shares and Options - Long Term Portfolio
Description:
I am an alternative meat eater 2 days out of the week, I do this both for health reasons and environmental. I'm a bigger fan of impossible meat than BYND, but still believe in BYND as a company. Let’s talk short term though.
BYND saw a HUGE run last week where we jumped 17%! Then we saw a healthy market pullback along with the rest of the market. As of right now we are in a healthy Ascending Triangle and I believe we’re heading to 158.39 which is a strong weekly resistance right now. I’m also waiting for my DOA Sniper to fire Green.
If we break 151.35 on Monday, I see us heading to 158.39, then 167.59/168.36 very easily. Once there we’ll either keep climbing or drop back down with an easy pullback to the weekly resistance.
PLAYS: I would stay close to ATM/ITM for any short-term swing trades, I’m bullish it’ll run so you’ll make your money either way. Because of the overall market uncertainties STAY RISK MANAGED no matter what you do lately.