BYND wave (2) pullback in progress with more push lower towards $107 to then complete wave (2). Looking to set up some shorter term income butterflies before we rally in same degree wave (3). Check Video Update for Trade Execution.
★ Projected ABC correction coming for Wave 4 (MACD, RSI weakness supports) ☆ Potentially a prime spot to long @ Wave 4 completion for a follow through to Wave 5 $175+ ★ This would also form a bullish inverse head and shoulders pattern
So here is an easy ta for Beyond Meat long. After beginning up-trend from 80 and explosion earnings next step is around 170 mark. There are three support zones: 110 76 48 ( biggest one from IPO and march low) Meat supply became a big problem cause of stopping production, so vegan food trend represents an alternative for next month. On the other side dont...
after hitting the wall at 200MA and also a short term trend resistance, we have pulled back to the assumed bump ...tomorrow will decide things I believe..I am betting long all things considered
Beyond has gained major traction after COVID-19 and China's opening as well as solidifying deals with large corporations like $SBUX and others. With COVID-19 and the recent news of issues with supply chains regarding meat production we saw a major move to the upside last week. I believe we will see a large correction in the coming week, however I do believe the...
3 in-depth scenarios taking you through how I plan on playing earnings with NASDAQ:BYND Scenario 1: Mini Falling Wedge (Bullish) If this is indeed a falling wedge, we should see it smack both support and resistance 3 times prior to its decision. If this is the case, I'll be looking to grab a position later this week for a short-term trade. Scenario 2:...
BYND now in a choppy zone, if we can get below $84 then this could shoot down to 73 quick before making another bounce, careful on this as IV is high and these options move fast.
$BYND is another $TSLA story. You have the bulls and bears battling over the fundamentals, whereas we see a stock that's just a great traders. $BYND like $TSLA has momentum and you can play both sides - long and short. While we called the Short 2 weeks ago, the stock has made a comeback and is bumping up against our trend line again. We think this time it will...
The rally in $BYND shares looks to be over on the news Tim Hortons is halting sales of its products in Canada. Here's the news from Bloomberg: (Bloomberg) -- Tim Hortons restaurants have stopped selling Beyond Meat products at its coffee and donut shops across two of Canada’s biggest provinces. The chain had been serving the Beyond Burger and a Beyond Meat...
BYND consolidation in this uptrend forming a symmetrical triangle on the 4 hr chart with easing volume. Hoping to see a breakout of this structure followed by an increase in volume towards the end of the week/beginning of next. If so, I can see the price reaching the $140-$160 range in a hurry.
Stock Practice #2 The 1st wave finished off with an Elliot wave pattern of 1-2-3-4-5. Waiting for confirmations: - Break of trend-line. - Weekly extremely oversold. - Wave 2 cannot go lower than 85.4%, a drop below $70 would mean the worst for BYND. - Daily bull divergence.
After going 430% in a small half a year. Looks like that $BYND is now on track to close the gap from the first weeks. Gap opened from $102 till $121. It broke down under the $121 mark so a downtrend till $102 is on the move. Buy orders at and around $100 seems valid for a potential bounce of 10, 20 or 30%. Expecting the same kind of move that happend on $ROKU.