CX | Long | Triangle Breakout & Value Entry | (May 2025)CX | Long | Watching for Triangle Breakout & Value Entry | (May 2025)
1️⃣ Short Insight Summary:
CX has been stuck in a long-term consolidation pattern since 2008, but now it’s approaching a key decision point. We’re seeing signs of potential breakout movement, especially as price compresses within a triangle formation.
2️⃣ Trade Parameters:
Bias: Long
Entry: Watching for retracement into $5.95–$5.75 zone (near value area high)
Stop Loss: $5.33
TP1: $6.70
TP2: $7.91
Final TP: $9.00
3️⃣ Key Notes:
✅ Daily and 4H charts show upward momentum, but 1H and 2H charts suggest short-term selling pressure (money flowing out).
✅ Weekly timeframe shows money inflow—bullish signal.
❌ Monthly chart shows money flowing out, signaling caution for long-term holders.
📉 Fundamentals show mixed signals: strong free cash flow ($1.6B), low P/E (6.3), and solid market position—but future EPS forecasts are trending lower, which could weigh on sentiment.
🏗️ CX operates globally in construction materials (cement, concrete, aggregates) with exposure across U.S., Mexico, Europe, and Asia.
4️⃣ Optional Follow-up Note:
This setup is worth watching closely. If the triangle breaks upward with volume, I’ll update the post and potentially scale into the trade further.
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Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
