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 check our detailed analysis on LYB in the trading room/ Executive summary link here-
youtube.com/watch?v=rx79s_EsaYk
Time Span: 7:45"
Trade Status: Pending
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-
youtube.com/watch?v=rx79s_EsaYk
Time Span: 7:45"
Trade Status: Pending
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Check out some of our free video examples @ smartmoneytrading.com/insights/
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.