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
Hey everyone, here's my analysis on SV3U:
Summary:
Price could drop to our S1 zone between 0.315 - 0.320 before going higher, as illustrated by the yellow dotted lines.
Opportunity lies here; once price breaks above the R1 zone, which is a strong resistance area, it is likely to make a pullback to re-test the zone as a support zone before a strong bounce...
