uptrend ...after this breakout i will enter to buy position tomorrow
$CX is an interesting company here. I have liked the negativity surrounding Mexico, and emerging markets since Trump got elected, now we have a solid breakout on strong volume, and a potential monthly and even quarterly uptrend taking off from here. $CX has had strong growth in the past quarter and year, I think it can be a solid performer going forward....
Might Rebound. Ready to catch the rebound when it happens. Nice trading range although it has not hit the high since the last rebound
BUY @ 8.66 STOP LOSS @ 8.00 PROFIT TARGET @ 9.32
Potential reversal zone First Target $17.24 - $17.18
Long > 17.1 Stop 16.89 Target1 - 17.33 Target2 - 17.49 Target3 - 17.9
chart has respected to technical very nice ... enter to buy position after breakout and closing candle above red line
not a pretty one but if this gets above that 8.60 level it could have a follow through
Long CEMEX at 8.55 with a price target of 9.90 and a stop at 7.85. After posting surprisingly strong earnings in July price moved steadily above resistance at the ~8 level. Recently it seems to have confirmed a bounce off of this same ~8 level. I look for support in the same region with little resistance to the upside until ~10. R/R of 1.65/1. If you follow...
Looking to enter long at the current day high. 5 Year chart is coming up against 200 day moving average and may reject, but on the 1 year chart all signs point to an uptrend breakout.