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LYB

Food Additive Giants: Macro Fib SchematicsThese 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 pump out things that humans consume and some argue that much of it is not healthy which is a different topic. These Fibonacci Schematics are not great but they are good enough. Sloppy, but I would like to see someone do it better without excluding any important levels...
NYSE:BG
by MichaelBsul
Trading template for LYB | Full explanationToday, 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 can trade? The answer is: This has happened several times in the past, and yes, there is a clear pattern that I can wait for. Let me show you: The explanation here is: First we need a big structure (which we already have), then we want to see a breakout followed by a 15 days correction) IF that happens, we want to see the first breakout of that followed by a candlestick below that breakout movement, and at that moment, we set bullish pending orders on the new local high with the stop loss on the previous low. The expected risk to reward ratio on this is 2.5, and based on the previous examples, we had 2 profits and 1 break-even. What happens if the filter is never fulfilled?: We don't trade ;) What happens if the filter is fulfilled, your setup is executed, and then the price goes directly to the stop loss:? I lose 3% of my trading capital, and I keep executing as emotionless as possible :D It's important to show that by doing this, I can eliminate all the emotions from this execution, and by doing that, I can follow my plan without changing things on my strategy. One of the main reasons people are not able to achieve consistency is not because they don't have a good system but because they are not able to follow it (trading psychology) Thanks for reading! Feel free to share your view and thoughts in the comments.
NYSE:LYB
by ThinkingAntsOk
1
LYB Daily Bearish Divergence at Critical ResistanceGood 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 inside the pink box. 50%/61.8% retraces being the best targets for a wedge measured move. Join our Free Telegram Channel: t.me We are a new community growing day by day in hopes to accomplish a trading premium group by December 1st of 2019. Subscription options are $15 a week, $50 a month or $500 a year. These are extremely cheap options compared to most other premium groups! We give the best possible technical analysis with a touch of art work to it hence the name "ChArtWorks" ;). "We remove the hard work from your end and just give you the trade set ups." 50% off all Contracts for Military Veterans and Active Duty Service Members, just provide your DD214 or Military ID for proof of Status. Discharge Type is completely confidential and does not need to be shared. I am a Marine Vet myself and I will not share any information regarding Military status with anyone else.
NYSE:LYBShort
by ChArtWorks_TechnicalArts
LYB entering long term support and buy zoneSo 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 also predicts 19% annual EPS growth for 2020, 2021, and 2022. It's rare to find a company predicted to grow like that trading at that low of a P/E ratio, that high of a yield, and a clean balance sheet. Looking at the monthly chart, you can see that the stock is hitting an area where it has bounced 4 times in the last 4-5 years. Less importantly, you can also see that the stock is right around something of an uptrend line that could potentially offer support as well. I would be a buyer in between the two horizontal lines, but stay away and and sell if you're more of a trader than investor if price goes below that.
NYSE:LYBLong
by TraderJared
1
LYB - Consider $90 March Puts & target is $72We 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 the trading room/ Executive summary link here- www.youtube.com Time Span- 10:30" Trade Status: Pending
NYSE:LYBShort
by AcornWealthCorp
LYB - Short from current position to 30 areaLYB 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 check our detailed analysis on LYB in the trading room/ Executive summary link here- www.youtube.com Time Span: 7:45" Trade Status: Pending
NYSE:LYBShort
by AcornWealthCorp