$Beyond Meat, Inc.(BYND)$ π₯π¨π Beyond Meat Breakout: The Squeeze Is Served, and Itβs Still Undercooked ππ¨π₯
What do you get when you mix the #1 short squeeze score on the market, a fresh technical breakout, and options flow heating up like a summer BBQ? The answer is $BYND, and this setup just hit escape velocity.
Iβm not nibbling around the edges here. This is full-tilt breakout mode, and the ingredients are lined up for a monster move.
π Technical Setup: The Bullish Crossover That Changes Everything
$BYND just delivered a clean bullish crossover on the daily chart, slicing through the 10-day and 20-day moving averages with force. Price action reclaimed the key $3.18 level, a stubborn resistance line dating back to April. That break confirms a structural shift in trend and reopens the path toward:
β’ πΌ Target 1: $3.56 (MA30)
β’ πΌ Target 2: $4.74 (February gap)
β’ πΌ Target 3: $5.33 (Q1 breakdown zone)
Weekly EMAs are catching up fast, with price now brushing the 21-week EMA at $3.29. If we break that with volume, the move to $4s may accelerate rapidly.
β’ RSI(6): 66.59 and rising
β’ MACD: Bullish crossover confirmed with expanding histogram
β’ CR lines: Clean upside expansion, signalling trend continuation
π₯ Options Flow: Traders Are Already Piling In
The July 18 call chain is lighting up:
β’ $3.00 calls: +100%
β’ $3.50 calls: +80%
β’ $4.00 calls: +200% with 176 contracts traded
Implied volatility sits at 60.08% and rising. This is classic pre-squeeze behaviour, with traders positioning for a fast, vertical push.
𧨠Short Squeeze Mechanics: The Pressure Is Palpable
$BYND currently ranks #1 on Ortexβs Short Squeeze Leaderboard with a short score of 99.25, and the data backs it up:
β’ Short Interest: 41.8%
β’ Days to Cover: 15.34
β’ Open Short Interest: 34.01M shares
This is one of the most crowded shorts on Wall Street. Every uptick now forces hedging, every breakout forces covering, and momentum traders are starting to smell blood.
π¨ Retail Ignition: This Setup Matches the 2021 DNA
Letβs not forget, this is a cult stock with meme pedigree and low institutional ownership. In 2021, BYND ran over 100% in less than a month on similar technicals and short metrics. The stage is set for a repeat performance, except this time the float is even tighter and the bears are even more exposed.
π° Fundamentals? Irrelevant Right Now. This Is Pure Flow
Yes, Beyondβs cash flow is thin and their growth narrative has cooled. But thatβs why the setup is so explosive. Itβs the perfect cocktail: a struggling brand, massive short interest, technical reversal, and inflow into speculative plays.
This is not a value trade, this is a velocity trade. And the tape doesnβt lie.
π― Conviction Conclusion: This Stock Is Just Getting Started
This is one of the tightest, most asymmetric long setups Iβve seen in weeks. Momentum is building, shorts are boxed in, and buyers are stepping up. If we hold above $3.18, I believe this sets the stage for a multi-session breakout toward $4.74 and beyond.
Traders who wait for confirmation may be chasing into IV spikes. Iβm already in, and I believe this has the potential to double before July expiry.
π’ Donβt miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets ππ Iβm obsessed with hunting down the next big movers and sharing strategies that crush it. Letβs outsmart the market and stack those gains together! π
Trade like a boss! Happy trading ahead, Cheers, BC πππππ
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