CEMEX/CPO trade ideas

JRiquelmeTrading Updated 

CEMEX/CPO - Buying Opportunity. TF analysis: 4H. According to technical analysis, we can observe that we are in an uptrend channel, in which the price is gaining greater inclination by making higher lows. The projection of the possible upward movement is located up to the upper end of the channel.

LucasAzStock Updated 

Cemex broke the downtrend line that began in June 2021 and has already made 2 higher lows. Interesting risk reward ratio to take into account.

JRiquelmeTrading Updated 

When visualizing the market and conducting technical analysis, it is crucial to interpret different timeframes. Multi-timeframe analysis can enhance the probability of success in our trading by utilizing support and resistance levels from higher timeframes than our base timeframe. It is also useful for identifying candlestick patterns in other timeframes and...

smartstoremx

We have good price to buy with high risk . CX could go down 4. 3.5 again or it could start between 4.50 to 4, 4.40, 4.30 for one month

smartstoremx

The actual volume is really low. It may go down next week.

smartstoremx

Hey guys. It looks something that happened before.

smartstoremx

Today is a key day for CX. We will see if can go under 4.45

smartstoremx

in the last 2 cycles during the last year. every time we lost $2.40 from the peak. Today the peak is 5.44 so the next price $3.04, I think CX is going to start buying back in the price of 2.60 to $ 3.00

smartstoremx

Prices between $ 5.00 to $ 6.30. New surprises are coming

smartstoremx

Well, It looks CX could have new down prices between $5.00 to $6.40. I think prices below 6 are good prices long term.

McLaren_Trader

Right at the Fibonacci 0.236 after two months of consolidation. Lets see if it breaks above 14.92 to confirm a breakout #TRMX

smartstoremx

Well, CX went down more than 20%, Could it be a good time to start buying???. The target price is $ 11.50 in one year. that means almost 90% profit. It will work if we do not have a crash the following days. Remember October 19, 1987.

KhanPhelan

We play this every week. Wait for confirmation, aim for 8-12%

smartstoremx

Well , We could see cx under 7.60 tomorrow there is nothing to make go up

smartstoremx

July 29,2021 CX is going to present the Q2 earning report but we have headwinds inflation that is real, china issues , etc. That means CX should go below 8 today and tomorrow time to buy then sell on july 29 then it will go down again

smartstoremx

we need to touch 7.80 usd

Legio_Decima Updated 

scaled in half of my position today. target 10-12$

smartstoremx

Mexico is going to have mexican elections . Cemex went up 170% in few months everytime CX goes down around 14%.