Ternium ( NYSE:TX ), a leading steelmaker with operations spanning across Latin America and the United States, has recently announced staggering fourth-quarter financial results, showcasing a remarkable tenfold leap in net income compared to the same period last year. This surge in profitability can be attributed to various strategic initiatives, including the...
Today Ternium Argentina (TXAR) began its way up towards its next resistance within its wedge, located around ARS 35. It can be noticed a substantial difference between selling and buying volume, being the former the most significant. Stoch RSI is 5/10, MACD is still depicting a downwards trend, and Momentum has reached its lowest level since COVID-19 market...
Si bien la tendencia sigue bajista y observamos desde afuera el papel. Pronto estará dando señal de compra con un interesante recuperación. La entrada seria en la zona de los 15 con posibilidad de buscar de largo un objetivo de 35-40.-
TX, Ternium S.A. Steel company. I believe a short term bounce is imminent given the strong balance sheet and income statement. On top this company pays good dividend, which would make it highly lucrative for longterm and income oriented investors. However, TX is not as liquid relative to other big mining companies, thus sharp price movements occur frequently. I...
