Analyzing the options chain and the chart patterns of BYND Beyond Meat prior to the earnings report this week, I would consider purchasing the 10usd strike price in the money Puts with an expiration date of 2024-4-19, for a premium of approximately $3.85. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
While I would never even think of buying Beyond Meat as a product, it does look good as a trade. Earnings yesterday setup a technical rally and a lot of shorts are getting squeezed out of positions. Technically, you can see that price has broken out of a fallen wedge. The first target should be $22. Let's see if we can continue higher from there. I've bought ...
Beyond Meat Inc. (NASDAQ: NASDAQ:BYND ) has left investors reeling as its stock price skyrocketed a staggering 56% in premarket trading on Wednesday. The plant-based meat producer, once beleaguered by declining margins and waning consumer interest, has staged a remarkable comeback fueled by strategic pricing adjustments and aggressive cost-cutting...
Long entry: 6.35 USD Take profit: 2000 / 6000 USD This is my personal opinion and this is not a financial advice! Good trading!
Analyzing the options chain and the chart patterns of BYND Beyond Meat prior to the earnings report this week, I would consider purchasing the 7.50usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $1.83. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
BYND on the 15 minute chart has been in a VWAP band breakdown finally slowing down with the ranging of the candles transitioning from wide body candles into ones more narrow. Earnings were a very mild beat in the thick of the fall as apparently traders expected more. The zero-lag MACD has crossed lines under a red histogram that flipped green. The dual...
An update on BYND, a stock ive been watching. I have put out some ideas on it potentially bottoming out and this idea is an update on my previous thoughts. This analysis is on the 3D chart ALSO NOTE: Current 3D candle will close AUGUST 1st. I've split my thoughts into Bullish/Bearish sections, Lets start with the GOOD NEWS first! BULLISH THOUGHTS Currently...
It formed a base around its current price. Looks like it want to hit 35-40 range. Once it breaks above 19 and stays above it, then next stop around 40. All the best.
BYND has had a good trend up over about 15 days rising about 40% over the interval. The question that arises is whether the trend is now near to a top and so consolidation or reverse or instead can it continue higher? The indicators may give a hint on the 4 hr chart which being a higher time frame has better reliability than a low TF. About a week ago price...
Hi guys. So BYND is something ive been observing along with LMND and CVNA. WHich i believe these 3 have similar patterns, especially the BULLISH DIVERGENCE on large timeframes like the weekly. This analysis of Beyond Meat is also on the WEEKLY. Im using the Weekly timeframe as i believe these stocks are good investments (holding for more than couple months) for...
BYND had it surge in the post Covid months. As seen on the weekly chart, multiple touches of the supply / resistance zone occurred in the range of $160-180 per share. Price is now at 5-10% of the highs and at the multi-year lows. Volume is weak. The RSI swing indicator has given a buy signal but I am skeptical. BYND is heavily shorted and sellers have...
On the chart, we can see a triple bottom for BYND, which is at its all time low. Because of these facts, we expect a huge upside for BYND 50% gain from its current price. RSI is showing a bullish divergence. More details are shown on the chart. Good luck!
Beyond Meat (BYND) is below its 1D MA50 (blue trend-line) but unlike the previous break on August 19 2022, it is reversing to re-test it as a Resistance. If successful, it will be the first step towards a major bullish break-out. The long-term Resistance is the June 30 2021 Lower Highs trend-line, basically the trend-line that started from the most recent peak....
Hi viewers, BYND in last periods only bearish trend, here now exepcting to see changes techncially picture looks strong TP1:20 TP2:22 TP3:24
Looking at the H4 chart, my overall bias for BYND is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 16.65, where the 38.2% Fibonacci line and overlap support is. Stop loss will be at 11.04, where the recent swing low is. Take profit will be at 22.54, where the overlap resistance...
Looking at the H4 chart, my overall bias for BYND is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 16.65, where the 38.2% Fibonacci line and overlap support is. Stop loss will be at 11.04, where the recent swing low is. Take profit will be at 22.54, where the overlap resistance...
If looking at last year's POC of BYND, you can notice we have been oscillating above and below that $15 range since September 2022. BYND has been in this slightly sloping downward/sideways channel with the most recent low being the bottom of the value range, building a nice base for a move higher. In recent days I've noticed some unusual options activity in a...
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...