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Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the...
NYSE:LYB is in a good momentum for the upside.
This trade is an opportunity to join the trend and take a quick profit.
1st target: 2:1
2nd target 5:1
This is a one time try trade. Price hit stop loss, I won't try it again, even if price goes back up.
The PEAD projected a bullish outlook for $LYB after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 80%.
The PEAD projected a Bullish outlook for $LYB after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
Buy (Entry Price) within the buy zone area and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $109.44 / $108.51
Target Price: $110.85 / $109.95
Stop Loss: $107.09
The PEAD projected a Bullish outlook for $LYB after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $105.11
Target Price: $107.19
Stop Loss: $101.64
Waiting for confirmation of price action to break trend lines (red line). Their gas division has created a beautiful set up for a breakout that is being held back by the delay in the chemical sectors' breakout.
Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $100.96
Target Price: $103.15
Stop Loss: $97.31
Linked previous idea. Monday open should show a fake out of break out of the smaller downward channel. Solid looking weekly candle but this is all accumulation time to me.
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
Cash flow and debt to equity is not ideal, and earnings are not growing to well, as the gross margin is 6.8%. What I like is that these gains actually make it to us shareholders though. Long, or at least add it to your watchlist.
