The actual volume is really low. It may go down next week.
Hey guys. It looks something that happened before.
Today is a key day for CX. We will see if can go under 4.45
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
Prices between $ 5.00 to $ 6.30. New surprises are coming
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.
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.
We play this every week. Wait for confirmation, aim for 8-12%
Well , We could see cx under 7.60 tomorrow there is nothing to make go up
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
scaled in half of my position today. target 10-12$
Mexico is going to have mexican elections . Cemex went up 170% in few months everytime CX goes down around 14%.
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? 👇
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.