Today we turn our attention once again to a company we have traded successfully in the past, LyndellBasell (LYB). Over the past few years, the company has met our valuation criteria, so we have had a strong tailwind when the technicals came into alignment. We think the technicals are coming into alignment once again creating an opportunity for a low-risk trading opportunity. This company is not well known to many of our readers and does not get much coverage by the financial press even though it is a ginormous petrochemical company with profits in the neighborhood of $4.6 billion per year on $39 billion of revenues. As a refresher, the following is a description of the company.
