The stock: NASDAQ:BYND , that only few months ago consider IPO, came to our life as a money maker after it makes 300% only by 30 days of trading. Since then, this stock moved a lot, and I think its finnaly arrive to place we can try predict its futere according to the last movments. As I see it now: 1. BEND moved twice to break the all time high, both of time...
Another example of the power of swing trading. This was a range trade that was a loser tested the low end of the range, held range lows with rate of change divergence and reversed higher. After todays enormous move I am going to cut half the position but the trend is definitely still bullish.
BYND is fighting on 145 resistance and trying to break that. RSI is taking upward momentum and low volume is showing fewer folks are leaving this stock. This likes to go to the next resistance area 161-162. If it breaks that resistance and enters back the upward channel (blue dotted lines) then it has the potential to go all-time high. Only it has weak support...
On the January 14th post, it ran into the resistance after breaking out of the wedge. I put out one of the two scenarios. Breaking though the resistance and going up til the next target or quick pull back to the support level and breaking out. It pulled back perfectly and defended the support and today finally advancing to the short term target. Quick 20% profit....
This is updating the previous ideas, complete with additional fibo ret and fan. The uptrend movement a little bit side ways, but swing prediction remains the same for LONG position NASDAQ:BYND Disclaimer: This information is for educational purposes and is not an investment recommendation nor to be representative of professional expertise. This analysis used...
JUST MY OPINION I believe BYND will rip trough next week! Chart is our friend and headlines news are helping the ods! Cup & Handle is forming and we might head to the second pivot resistance around $160! Huge volume kicked in recently after Reuters released this statement: BRIEF-Beyond Meat announces partnership with Chinese restaurant chain Jindingxuan *...
Taco Bell said in a prepared statement that it expects to test Beyond Meat menu items in the next year. Taco Bell is owned by Yum Brands (YUM). The Taco Bell agreement is the latest marquee partnership for Beyond Meat. On Nov. 9, fast-food giant McDonald's (MCD) announced it would begin offering McPlant menu items. (Source: investors.com) The indicators are...
Potential upside NASDAQ:BYND Disclaimer: This information is for educational purposes and is not an investment recommendation nor to be representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and...
Bynd trading in a box watch for breakout either way, over 145.90 its going for that gap fill at 150. under 134 its going down
Short term bearish long term bullish. Rejection of white trendline and supply zone
It is breaking out from the triangle made recently, see the breakout in either direction.
Ready for cup and handle to push MEAT up. Canadian stock that has room to grow like Beyond Meat (BYND).
Easy choice a good reward to risk ratio is all we need for a trade, well this qualifies
SHORT AND LONG WITH PROPER MONEY MANAGEMENT THANKS
BUY TRADE WITH PROPER RISK MANAGEMENT THANKS
NASDAQ:BYND ...but it has moved $33 per share since then. Cashed in on this big winner today. Will revisit again. The call was at $123 and it hit $158.60 today. My calls just keep working. some just take some patience.
Quick EW count of BYND indicates an price has started a wave 3 of some degree. The corresponding wave 1 contains an extended wave 1 of a lesser degree that goes from about $48 to $147. Blue line is low price, black line is closing price, and red line is high price.