LYB

 LYONDELLBASELL INDUSTRIES N.V.










LyondellBasell Industries NV engages in the refinery and production of plastic resins and other chemicals. It operates through the following segments: Olefins and Polyolefins-Americas; Olefins and Polyolefins-Europe, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology. The Olefins and Polyolefins-Americas segment produces and markets olefins and co-products, polyethylene and polypropylene. The Olefins and Polyolefins-Europe, Asia, International segment also offers olefins and polyolefins. The Intermediates and Derivatives segment includes propylene oxide and its derivatives; oxyfuels and related products; and intermediate chemicals. The Advanced Polymer Solutions segment produces and markets compounding and solutions, such as polypropylene compounds, engineered plastics, masterbatches, colors and powders, engineered composites, and advanced polymers. The Refining segment refines heavy, high-sulfur crude oil and other crude oils of varied types and sources. The Technology segment develops chemical and polyolefin process technologies and manufactures and sells polyolefin catalysts. The company was founded in December 2007 and is headquartered in London, the United Kingdom.


Conflunece is an understatement. So incredibly tight. Mainly a tehcnical play but fundamentals arent horrible either. They did have a big cut last year. Price has been digesting it as well. Every major MA is unde rprice and with the big downgap on 2/13, i got my pb to look for an in and I started building and adding on every little breakout. Stop is also super tight. 

M% just changed green, Q light green returning to 0 which i have seen also be bounce material. 

Same Inudstry as HWKN which was one of my best % wins last year. 

Currently the biggest swing trade ive ever taken. With stop being so tight, still would be a tiny loss if hit. 


Industry clearly been strong. LYB a laggard. Catch up? Or reason to bail. 

Last Earnings was 2 weeks ago and saw down gap followed by large vol buyup to reclaim all the MAs once again. Miss EPS but +20% since last year. Beat Rev matching last Q and a bit higher than last year. Steady as she goes. Over 98 should see fireworks.

Stop 93.50
In 95
PT 102

2/18

Got my breakout into a giant doji at the top. Clear hold.

Industry strong, rel str, great start to trade, queries still edge green. Not major but clear green.

If it bases out long enough, i may get a clear chance to add more as well.

Letting this be. 

2/23

Great breakouit, stall, then breakout again. 

With industry so strong no reason to look for exit heres. Wanting this to run to next big HTF breakout at 102.

100.80 ish breaks us above value area of 10 year long consolidation. 


Q% just getting started to stay green. Everything is so tight. 

3/8

History is good, M reached new highs it hasnt seen since August. Q still steady green getting stronger.

Chart saw a pullback, hoping we can find S here as it is a spot I would like to add still. But also have to look at this as a failed BO that didnt stick. 

Industry strong with good moves. No worries there.
WQueries about the same, not much change at all.

We are at a spot we should hold. 98.75. If we cant hold here I have to bail. Dont wat to give too much back, shouldve broken out and stuck it considering strength but must protect. Signs still point highewr so I want to get bigger. 

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