These food additive companies manufacture agricultural ingrediants and additives that nakes its way to prodcust in grocery stores. Archer Daniels Midlands Co, Bunge Limited, International Flavors & Fragrances, Ingredion Inc, DuPont De Nemours, LyondellBasell Industries, Kerry Group, and Givauden are arguably the largest in this type of category. These companies...
Today, we will take a look at LYB . We can see the price has been moving inside a correction for the last 195 days, and the structure is clear enough to understand its more external limits. The way I thought this scenario was like this. How many times in the past were similar situations like the current one, and the next question is can I observe a pattern so I...
Below the 200 par sars showing in the sky and macd fall below the signal is a clear sign that LYB is a little short. The $95 puts for 8-20 are still nice and cheap. Looking for a price Target of $92. I’ll be buying 3 contracts selling 1 at $95. The next one at $92. And I’ll let the other one ride to $91 if the stock gods are amicable
Good morning ladies and gents, LYB is showing Daily MacD Bearish Divergence at a critical area of resistance inside of two converging trend lines. It is a Rising wedge, although the best wedges are the ones with at least 5 touch points. Either way, it's still a range between two converging trend lines. Entry Target for the Short is at $96-$96.50 Exit Targets are...
These large Chemical Industry companies have also been singing their siren song for over a year (at least from the beginning of 2018), as they did prior to 2015, and in early 2007: Nasdaq 100 vs. DD, LYB, EMN, ALB, HUN
So I just opened a long position here on LYB based on fundamentals and long term technicals. From a fundamental perspective, the company has the second highest forward dividend yield of any S&P 500 materials company (5.76%), the second lowest trailing P/E ratio (7.65), and a reasonably low total debt to total asset ratio (65.15%). NASDAQ.com's earnings forecast...
Time to give this another shot. Spy is moving higher. WILL LYB BREAKOUT?! We shall see. Vertical Call bought for LYB May 17 EXP Strike 90/95 Price 2.85-0.95 = $190 for call spread.
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...
LYB - LyondellBasell This is one of my dividend holdings that I picked up today (50 shares). I plan to hold this for at least a few years, adding to the position at supports.
This could be a harmonic bullish Gartley pattern forming. This stock is super solid and could pull off a bullish blast with no-problem. I would assume that it will not fulfill the pattern because it already trades at a discount relative to it's peers, but buying in down through the 90s would be amazing. When both aroons are heading through 50, this one may...
We discussed it in the beginning of December in the Xmas wishlist class, and discussed aggressive entry was $92 area & $90 March Puts, the puts should be in nicely in-the money by now. we still like the $90 March Puts (currently $7.20), however updating stoploss to $92.13 to give a little bit of room & target is $72. You can check detailed analysis on LYB in...
LYB breaking down from a head & shoulder formation in short term & it has lot of insider selling from key investor. In long term it formed a descending triangle. Now it had its earning released today & in reaction it did decline a bit, so we think it will decline breaking the triangle formation. To trade LYB we would consider $80 March Puts (6.2) You can...