Analysis for US Stock CEMEX SAB DE CV

NYSE:CX   Cemex, S.A.B. de C.V. Sponsored

Trade analysis for a pull back correction.

Short Entry @ $6. 40 .
Stop loss @ 7.20
Target @ $5.25
Trade closed: stop reached: We've gotten stopped out, but still the trade is bearish. Stop loss should've been @ $7.60 instead of $7.20. We will wait for the correction to finish unfolding, then we will trade long.

Thank you

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