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Bullish LYB Range Bound Breakout
LyondellBasell Industries NV
Long
Bullish LYB Range Bound Breakout
By Synaptic724
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Updated
Apr 2, 2019
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Mar 7, 2019
LYB is about to break out of its range its been bouncing between this $84-90 range since Jan 4th.
It's about to break out. Price target is $96.
Call Option April 12th EXP, Strike $90.
Possibility of a false breakout. Contract will be sold if it reaches $88.
Otherwise aiming for target of $96.
Possible interference from the SPY as it may cancel the rally if the SPY sells off.
Apr 2, 2019
Trade closed manually
Apr 2, 2019
Order cancelled
breakout
Harmonic Patterns
LONG
LYB
rangebound
Trend Analysis
Synaptic724
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