Cemex has bullish signals on 1D, 1W as well as 1M TF. MFI is currently at 15 which is an all-time-low on the 1M TF. RSI is at 31 which is near the RSI support zone (29-23) of last few years. When you have a closer look on the MACD (zoom in) you can see a W-formation in the MACD histogram which will lead to a bullish MACD cross soon. A bullish cross will also...
On Aug. 19, Cemex began buying back shares of its stock, as authorized at the company's March 28 annual shareholders' meeting. The past 10 days have seen the company repurchase some 125.7 million of its shares, according to a running tally by StreetInsider.com. Cemex has spent upward of $40CEM0 million in the process -- and it may not be done yet.
after the announcement the bullish sentiment has been growing clean in strength and is catching momentum whilst the bears remain absent. This is prospecting a possible reversal for the weekly chart and a rally up to 3,50 short term.
La onda 5 de 5 de C parece haber llegado a su fin en 7.56. Coincide con el retroceso del 61.8% de (II) del nuevo súper ciclo. Posible ruptura del canal 2-4 de la última onda con tres velas de una hora, lo que indicaría compra. Entrada en $8.50, por ser el piso de la 4 de esa frecuencia y porque, de ser C, sería el 100% de A. Si es un nuevo ciclo, esta pequeña 3...
CX hasn't been up to the expectations this year but is still a pretty solid company on a still developing market. It's also about to hit oversell point. Stock price should go up soon, at least until next E day.
CEMEX/CPO likely doing a regular flat, next movement a wave C . Long term, short but meanwhile an upside. Could be complicate the flat and do more wave between.
A pesar de los resultados de Q4 2018 que pronostican mantenerse en canal bajista, no debemos dejar a un lado que pudiera estar llegando a un soporte importante (2012). Estaré atento en el desarrollo del técnico en los siguientes días.
A pesar de los resultados de Q4 2018 que refuerzan mantenerse en canal bajista, no debemos dejar a un lado que pudiera estar llegando a un soporte importante (Oct 2011). Estaré atento en el desarrollo del técnico en los siguientes dias.
Cemex has been in a sideway channel for at least 3-4 months take profit around 10.50 or hold your long for long term.
Recent positive reaction to earnings has created volatility and a nice consolidation range Looking to buy near 7.40 support or short if it can't hold Looking to buy the breakout if it bounces and pushes through the 7.50s
Cemex CX may make a run and break downtrend line. Popped up today and broke out of bear flag. If this doesn't break downtrend and push higher this is a no go. Now using 20 day MA as support. Pivots are quite compact on this market. Will look at run to R3, then make a decision what to do from there.
BEARish BAT - one of top volume stocks under $10- 03/23/2018 -Indicators support short term northbound movement -Get ready to SHORT -Steady downtrend before pump