BYND has a target at $162. It's looking pretty decent here for a run. May not hit if it runs here. Could take another leg up before closing the books on this signal. Ready to trim on a spike and rebuy on a dip. this is like learning to surf the market waves lol
Published the wrong chart that didn’t properly depict accumulation in previous idea. This chart shows accumulation as a pennant. BYND might have completed a long-term accumulation phase depicted by the blue pennant and finished an EW wave 1 of some lesser degree. I’ve based the Fib levels on the possible wave 1. If valid, price will target $270.
Looks a bit bearish to me, analyzing as I am interested in buying stocks for this
First time posting, this is my take of where BYND will end up by the end of q3
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.
BYND (4H) / Primary Elliott Wave Count
★ 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.