cwood119

$CX Short Term Range Bound Play

NYSE:CX   CEMEX S.A.B. DE C.V. SPON ADR REP 10 CPO
  • Recent positive reaction to earnings has created volatility and a nice consolidation range
  • Looking to buy near 7.40 support or short if it can't hold
  • Looking to buy the breakout if it bounces and pushes through the 7.50s
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