Ternium's Moves and Global Expansion Drive Tenfold Profit leapTernium ( 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
−1.76 USD
−53.57 M USD
17.62 B USD
About Ternium S.A.
Sector
Industry
CEO
Máximo Vedoya
Website
Headquarters
Luxembourg
Founded
2003
ISIN
ARDEUT116019
FIGI
BBG000WGZ8Q4
Ternium SA engages in the production of flat steel. It operates through the Steel and Mining segments. The Steel segment includes the sales of steel products. The Mining segment involves in the sales of mining products, mainly iron ore and pellets. The company was founded in September 1961 and is headquartered in Luxembourg.
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TX - a good stock for longTX is near 36 which can soon prove to be a strong support level.
Given strong fundamentals and good dividends it is worth giving a try.
If all goes well I am potentially holding it for years.
Market Cap - 8.18B
Revenue - 17.15B
Income - 4B
Assets - 17.1B
Operating cash flow - 2.72B
NLong

TX: on watch for breakoutTX (Ternium SA), a steel producer. Hot sector now.
Nice flag on weekly. Watch for a break of 45 for a potential swing trade to 56.70.
I would not enter unless it breaks out of the channel or maybe if it tests 42 again.
Stop loss at 41.50
Trade safe.
NLong

higher?If you look for income and be buying at a level of support, you may consider this stock! But please do your own due diligence on this company! Just food for thoughts!
NLong

TX stock is on its strong Support. TX beat EPS but misses slightly revenue. But the companys has been doing well over the year.
From technical side, TX is uptrend in the long term. Currently, it stays on strong support
Risk area might me 4% from current price. Profit might get up to 20%.
NLong

20% down potential
This is not an investment advise .
I simply share my at the moment ideas , tomorrow I might have different opinion.
NYSE:TX Seems to encounter double rejection and heading down.
NShort

TX Long
A-B-C Correction completed around 35.80.
Possible long post completion of Wave 2 in 1H timeframe.
If invalidated, next bounce opportunity at 34.50.
NLong

Weekly Watchlist May 10-14Here are some swing plays that I am considering this week. This is just a list of names that have a lot of potential and could surge to new highs soon. I may post on some of these throughout the week if I see a really good setup. I post watchlists like this one weekly, so like and follow for more :)
See all ideas
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Displays a symbol's price movements over previous years to identify recurring trends.