A pull back to $8.02 or $7.89 is where I will add to my commons. It just refuses to pull back. Been collecting this stock for quite some time now. I am safely green and can survive large pull backs, but I prefer to just keep adding to my position on the dips.
Just sharing a series of investing ideas that interest me. This is not investment advice or licensed research. CX has moved quite a bit off of its cycle low but still maintains quite a bit of upside, I think it has multi-bagger potential. Incoming Infrastructure stimulus will be between $4 and $10 trillion just in 2021 alone.
You really need to scroll out to see the large volume shelf, with a top of $7.89-ish. (zoom out to include 2017) Earnings are in 2 trading days, before the bell on the 29th. Last earnings the stock took a hit for a few days but rebounded quickly. I have been collecting this stock for nearly a year and am securely in the green. But things can change at any time....
I'm expecting a drop before a potential earnings play for call options. Another potential running flat seems to be forming. If you like what you see why not support us? 👇
Hi, Trade analysis for a pull back correction. Short Entry @ $6.40. Stop loss @ 7.20 Target @ $5.25
Started watching this in 2020 and started collecting a few months ago. Dip under the 20 EMA is my buy-indicator. Added heavier when we took the only dip, in the past year, under the 50 DMA. Slow and steady grower until the trend is no longer my friend. Thinking if the "infrastructure cycle" is going to hit, this one may take more of a lift.
Good evening financial astronauts. Several of you have been asking for me to label my graphs so here it is. I only trade Elliot corrective waves in other words ABC waves. I see every pattern in three phases. Phase 1 is an impulse, phase 2 is a correction (corrections come in three, ABC) and finally phase 3 is another impulse.
Infrastructure deal is coming now that the Democrats have a majority. Cement maker CX is a great way to play the recovery in construction.
Strong support around $4.50-5.00 is a strong upside with a minimum $2.00/share upside with resistance around $7.00.
Hello traders, Since January 30 of this year I have not published anything about this Stock, so I think it is very worth talking about it. Not only what has changed is the passage of time, also from January to date there is a change in my academic status and in the accumulated hours of doing analysis. Good; 1.- The first point I want to talk abaout is that from...
Si continua la tendencia alcista veo muy buena oportunidad
Cemex logro nuevamente romper su resistencia de largo plazo. Viendo el gráfico del histórico hubo 2 ocasiones donde igualmente lo paso, sin embargo no pudo mantenerse ahí y nuevamente cayo. Es necesario que pueda romper su alto anterior que ronda entre los 8 pesos aproxidamente. por lo que yo mantendría posiciones y vendería la mitad
Lindo canal de largo plazo bajista que tiene formado cemex. $CEMEX $BMV #Mexico
Necesitara mucha fuerza para romper semejante resistencia. Atentos, posible short en puerta.