Here’s your trade on Beyond Meat (BYND) and Apple (AAPL) (July 22, 2019)
BYND AAPL
I want to look at Beyond Meat ( NASDAQ: BYND ) and Apple ( NASDAQ: AAPL ) today.
First, Beyond Meat ( NASDAQ: BYND ). We held a trader training session this morning at the open We traded the first hour live and one of the stocks that I jumped on pretty early on was Beyond Meat ( NASDAQ: BYND ). This actually turned out to be a really good trade first thing this morning; this is a 1-minute chart. We were on this early, around 182.00 or 183.00. We could have gone in earlier but I was kind of looking at a lot of different things, and they ultimately the stock kind of settled into this nice little swing routine. Traders made a lot of money on this stock and some are still holding it, which I have absolutely have no problem with.
I think Beyond Meat ( NASDAQ: BYND ) actually goes up from here. I took a little bit of profit off this afternoon. But if the stock continues to move tomorrow I will get back in because I think this maybe should breakthrough 200.00. It poked it’s head above there today just a bit; we will probably see another $10.00 above that. So this, I think, is a stock that will work.
Another one, but the way, is Apple ( NASDAQ: AAPL ). They report earnings next week. I think this stock is also going to have a nice move to the upside on a percentage basis; not as much as Beyond Meat ( NASDAQ: BYND ). The stock isn’t that volatile here but I do think you will get a little bit of a run on into earnings.
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