Earning play with weekly breakoutMoving towards profitable and burning less cash, who's looking at this risk to reward on the weekly chart for BYND?
Could break out in both directions, but the risk to reward looks juicy.
BYND trade ideas
Major Price Movement Incoming for BYND!Signalist has detected a precise pattern in NASDAQ:BYND FUBO trading activity, signaling that a substantial price movement is imminent. This isn’t a random fluctuation—it’s a carefully analyzed precursor to a significant market event.
📅 What to Expect:
⌛ Timeline: Anticipate a major move within the next 1 to 4 upcoming 3-hour candles.
📈 Monitor the Charts: Keep an eye on BYND’s price action over the next few candles.
Prepare Your Strategy: Whether you’re bullish or bearish, have your trading plan ready to capitalize on the move.
BYND: Restructuring Talk on Declining Sales ($BYND)Beyond Meat is considering a balance sheet restructuring due to a $1.1 billion debt burden and declining sales. This analysis explores the financial pressures, market dynamics, and potential investment implications.
Key Developments:
Restructuring Talks: Beyond Meat is engaged in discussions with bondholders regarding a potential balance sheet restructuring.
Financial Pressures: The company faces a $1.1 billion debt burden and recently reported a net loss of $54.4 million. Additionally, cash reserves have decreased significantly.
Market Dynamics: The plant-based meat market is experiencing softening demand, particularly in key territories. Broader economic concerns surrounding inflation and recession further complicate the situation.
Investor Sentiment: Opinions are divided, with some investors viewing the restructuring as proactive and others concerned about deeper industry issues.
Investment Implications:
Short-Term: Closely monitor BYND's stock price and company news for potential turnaround efforts or further decline.
Trading Considerations: A short position could be considered for bearish investors; however, caution is advised due to mixed investor sentiment and the possibility of a market rebound.
$BYND ChartThis stock plays games but looks like it it finally broke through resistance here. If it holds and consolidates here or starts to go any higher we should see a nice bounce and test 8 dollars. Going to keep this on watch and grab 2 week calls strike 7.50 or 3-4 weeks at $8. If it holds 7.05 should definitely see some profitable contracts in that range.
BYND RegSho Forced CoveringThis chart puts a vertical line on everyday BYND has been on RegSho from the date range of August 2019 to June 2024
Beyond Meat (BYND) is a heavily shorted company as many of you are aware with a high short interest of 39%+ its float.
On the start of June 27th trading day BYND entered the regsho inclusion list where the stock has huge price increases on regsho.
What is regsho?
As defined in Rule 203(c)(6) of Regulation SHO, a “threshold security” is any equity security of any issuer that is registered under Section 12 of the Exchange Act, or that is required to file reports under Section 15(d) of the Exchange Act (commonly referred to as reporting securities), where, for five consecutive settlement days:
-There are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more per security;
-The level of fails is equal to at least one-half of one percent of the issuer’s total shares outstanding; and
-The security is included on a list published by a self-regulatory organization (SRO).
A security ceases to be a threshold security if it does not exceed the specified level of fails for five consecutive settlement days.
A security can be added on this because the failures to settle can be a sign of high shorting and improper naked short selling as you can see from the stock’s high short interest.
When BYND is on regsho it is extremely hard to short with limited liquidity and the high cost to borrow rate (IBKR’s retail fee
currently at 111.7216%), there is also a prime rate but that’s for the bigger players probably around 15-20% which is extremely high regardless. This can lead to an increase in the price of BYND.
After T+13 (13 trading days after its been included to the list) force covering begins where they are forced to cover the amount on the first day of regsho inclusion until the stock is off regsho.
The last two times BYND has been on Regsho the shorts ran the stock up on t+13 th day.
Beyond Meat (NASDAQ:BYND) Stock Surged 20% on Memestocks Craze Beyond Meat (NASDAQ:BYND) stock is experiencing a rally on Tuesday, with investors hoping for a squeeze on the meat-alternative company's shares. With 25,356,827 shares shorted, that's roughly 40.97% of the company's float, NASDAQ:BYND has an outstanding short interest position of over 40% of the total float. This could be a sign that traders have added NASDAQ:BYND to their list of meme stocks to squeeze.
The recent interest in pumping up shorted stocks and the return of Roaring Kitty, who initiated the meme stock rally of 2021, are contributing to the rally. If 2024 can mimic 2021, it will be good news for meme traders as several meme stocks rise as they work to push shorts out of them. Today's movement could be a sign that these traders have added NASDAQ:BYND to their list of meme stocks to squeeze.
NASDAQ:BYND stock is experiencing heavy trading today, with more than 12 million shares being traded, above its daily average trading volume of about 3.7 million shares. NASDAQ:BYND stock is up 20.1% as of Tuesday morning and 17.5% since the start of the year.
Beyond Meat (BYND) has an outstanding short interest position on it of over 40% of the total float, which could be in harm's way if the meme rallies across the market continue. The company reported an 18% drop in sales and its 15th consecutive quarterly loss, both of which were worse than what Wall Street expected.
BEYOND MEAT Long PositionHi traders,
Turning our attention to Beyond Meat (BYND), we can see that it has formed a falling wedge
pattern over the past few weeks, signaling a potential bullish reversal.
Based on Beyond Meats recent performance and market sentiment, there are compelling
reasons to consider a long position in this stock.
Despite challenges in the market, Beyond Meat has maintained its position as a leader in the
plant-based meat industry.
The stock has experienced a decline driven by financial factors lately but doesn't suggest
underlying weakness as Goldman Sachs Group Inc. has held conversations with private credit
lenders to help shore up Beyond Meat Inc.’s liquidity.
Furthermore, technical analysis reveals that Beyond Meats price has formed lower highs
and lower lows, converging towards a point of potential breakout. The falling wedge pattern,
coupled with the Relative Strength Index (RSI) which is under the 30-point mark, sitting at a
low of 27.17 showing that the stock is undervalued, suggest that a reversal in the stocks
trend is likely.
As the breakdown of the falling wedge pattern becomes imminent, considering a long
position upon confirmation of a break above the upper trendline.
1st Take Profit: 11.36
2nd Take Profit: 16.69
Final Target: 19.43
$BYND Finally Looks Tasty Taking a look at beyond meat here
not so much a fan of the company but the TA doesn't care about that
setting up with a double bottom inside of this (sorta) Dragon pattern
price targets for this all depend on a breakout of the supply line.
come down significantly since earnings so grabbing long term calls here could turn out to be a solid play.
BYND Beyond Meat Options Ahead of EarningsAnalyzing 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.
BYND Long off technical + upcoming earnings potential
Similar pattern setting up.
Long Thesis:
- Double bottom out of a broken downtrend
- HIGH SHORT FLOAT: 38%
- Market near all-time high
Could see a pop ahead of earnings, OR earnings could be the catalyst needed to turn this thing around. Market near ATH, plus high short float could see a nice short squeeze and rally.
Don't like the long-term downtrend, ton of bag holders on the way up.
$BYND, shit product but good trade. Target $17-38While 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 GETTEX:11C and $15C for 3/15 to play this idea.
Beyond Meat's Surprising Turnaround Sparks Investor FrenzyBeyond 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 measures.
Short sellers, who had heavily bet against Beyond Meat ( NASDAQ:BYND ) with approximately 37.6% of the company's free float shorted, found themselves on the losing end of a high-stakes gamble. According to data from Ortex, bearish investors have suffered paper losses amounting to $93 million since Tuesday's close, as the stock's meteoric rise triggered a classic short squeeze.
Peter Hillerberg, co-founder of Ortex, commented on the unfolding situation, noting that the surge in buying pressure induced by short sellers scrambling to cover their positions has propelled Beyond Meat's stock to dizzying heights. This unexpected rally underscores the inherent volatility of heavily shorted stocks and serves as a cautionary tale for investors on both sides of the trade.
Beyond Meat's ( NASDAQ:BYND ) resurgence comes at a pivotal moment for the company, which has seen its market value plummet by 60% over the past year amidst concerns over inflated prices and sluggish sales growth. However, the latest earnings report provided a glimmer of hope, with fourth-quarter net revenue beating analysts' expectations despite a modest decline. Buoyed by this positive momentum, Beyond Meat ( NASDAQ:BYND ) unveiled ambitious plans to slash costs and revamp its pricing strategy, aiming to bolster margins and regain market share in an increasingly competitive landscape.
Key to the company's turnaround strategy is a commitment to delivering value to budget-conscious consumers in the United States. By implementing targeted price hikes and streamlining operations to reduce overhead, Beyond Meat ( NASDAQ:BYND ) aims to position itself for sustained growth in the years ahead. Management's bullish outlook, exemplified by the forecasted gross margins in the mid- to high-teens percentage range for 2024, has garnered cautious optimism from industry analysts.
Peter Saleh, an analyst at BTIG, emphasized the significance of Beyond Meat's ( NASDAQ:BYND ) restructuring efforts, likening it to a "kitchen sink" quarter wherein the company addresses fundamental challenges head-on. While acknowledging the uncertainties surrounding the achievability of management's targets, Saleh expressed confidence in Beyond Meat's ability to chart a more sustainable path forward.
Despite the recent surge, Beyond Meat's ( NASDAQ:BYND ) stock remains below its 12-month high, underscoring the lingering challenges facing the company as it navigates a rapidly evolving market landscape. Nevertheless, the fervor surrounding Beyond Meat ( NASDAQ:BYND ) serves as a potent reminder of the power dynamics at play in financial markets, where short squeezes can swiftly reshape investor sentiment and challenge prevailing narratives.
As Beyond Meat ( NASDAQ:BYND ) continues to defy expectations, investors are left to ponder the implications of its remarkable turnaround and the enduring allure of short squeezes in an era of heightened volatility. Whether this resurgence marks a fleeting triumph or a lasting resurgence remains to be seen, but one thing is certain: Beyond Meat's journey is far from over, and the stakes have never been higher.
BYND - Could Be A Bounce Or A BottomBYND has hit my long term fib target and has pulled back to the 0.618 - 0.786 retracement that I have been waiting for.
Now with bullish divergence coming in and a strong impulse candle just printed, it looks ready to bounce and perhaps even this is the retracement bottom of the market.
If it is the bottom, this could be a very lucrative play in this stock that has had a devastating bear market.
May pull back here as it is hitting the 4H 50MA, but if it can break through then we may see a big bounce.
This stock is becoming quite big in the UK; their products in major chain supermarkets and pubs.
They have Kim Kardashian advertising it so we'll see - it may go on to do big things and have wild bull markets.
Not advice.
