after the announcement the bullish sentiment has been growing clean in strength and is catching momentum whilst the bears remain absent. This is prospecting a possible reversal for the weekly chart and a rally up to 3,50 short term.
Do you follow CX in 2022? Do you know when CX is going to buy back this year?
Amaiii_
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current rally is overstretched. The market is turning bull definitely but this peak is not sustainable and the pressure has to deflate so the trend can solidify on the weekly chart. If you consider buying cemex, now is not the right time but there will be an opportunity to buy again in ~ 2-3 weeks.