CX 🌦I'm expecting a drop before a potential earnings play for call options. Another potential running flat seems to be forming.
If you like what you see why not support us?
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CEMEX/A trade ideas
Analysis for US Stock CEMEX SAB DE CVHi,
Trade analysis for a pull back correction.
Short Entry @ $6.40.
Stop loss @ 7.20
Target @ $5.25
$CX - trend is your friendStarted watching this in 2020 and started collecting a few months ago.
Dip under the 20 EMA is my buy-indicator. Added heavier when we took the only dip, in the past year, under the 50 DMA.
Slow and steady grower until the trend is no longer my friend.
Thinking if the "infrastructure cycle" is going to hit, this one may take more of a lift.
CX🌦Good evening financial astronauts.
Several of you have been asking for me to label my graphs so here it is. I only trade Elliot corrective waves in other words ABC waves. I see every pattern in three phases. Phase 1 is an impulse, phase 2 is a correction (corrections come in three, ABC) and finally phase 3 is another impulse.
Great time for CX LEAPSInfrastructure deal is coming now that the Democrats have a majority. Cement maker CX is a great way to play the recovery in construction.
Bullish Uptrend Strong support around $4.50-5.00 is a strong upside with a minimum $2.00/share upside with resistance around $7.00.
Elliott Waves Analysis for CEMEX/CPO (Up date)Hello traders,
Since January 30 of this year I have not published anything about this Stock, so I think it is very worth talking about it. Not only what has changed is the passage of time, also from January to date there is a change in my academic status and in the accumulated hours of doing analysis.
Good;
1.- The first point I want to talk abaout is that from my first post about CEMEX / CPO the count has changed a bit. The proposal now is that we are in a wave "IV" to continue descending, forming wave "V" to finish wave (II) . What does this mean in simple words? The answer is that CEMEX / CPO seems to be looking for a double bottom at $ 2.57MXN, perhaps it will not but at least we hope to see the price of this issuer at a price lower than $ 3.98MXN and greater than or equal to $ 2.57MXN.
2.- The second important point to mention is that the price is already approaching the next target of $ 9.48 MXN. Can you stop there to start wave V and follow the main trend ? The answer is yes ... If the price does not stop at $ 9.48 can it continue to rise? The answer is yes. In case the price continues to rise, the next objective is to reach $ 11.19 MXN. We must not forget that we are in a socio-economic situation where there is a lot of volatility, so the price of the issuer may NOT reach its objectives and quickly fall in value. Let's also not forget that I am mentioning exact prices, but I am actually referring to price zones.
3.- Finally; If you see the volume bars, you will be able to realize that, as the stock takes on a higher value, they begin to be less and less long, that is, there are fewer and fewer people buying / selling shares of this issuer. How can we interpret a decrease in the volume of operations? ... as a sign that fear or caution on the part of investors is increasing.
Well, I remind all of you that the reviews I post are primarily for my personal and academic purposes. What I post or comment here does NOT represent an investment suggestion for the audience.
There is nothing more to say, until next time!
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Hola traders,
Desde el 30 de Enero del presente año que no publico nada sobre esta emisora, por lo que creo que vale mucho la pena hablar de ella. No solo lo que ha cambiado es el paso del tiempo, también de Enero a la fecha hay un cambio en mi estatus académico y en las horas acumuladas de hacer análisis.
Bien;
1.- El primer punto que quiero tocar es que de mi primera publicación sobre CEMEX/CPO el conteo ha cambiado un poco. La propuesta ahora es que nos encontramos en una onda "IV" para seguir bajando formando la onda "V" para terminar la onda (II) . ¿Qué significa esto en palabras sencillas? La respuesta es que CEMEX/CPO parece que va a buscar un doble piso en los $2.57MXN, quizás no lo haga pero al menos esperamos ver el precio de esta emisora a un precio menor de $3.98MXN y mayor o igual a $2.57MXN.
2.- El segundo punto importante a mencionar es que el precio ya se está acercando al siguiente objetivo $9.48 MXN. ¿Se puede detener ahí para comenzar la onda V y seguir con la tendencia principal ? La respuesta es sí... ¿El precio si no se detiene en los $9.48 puede seguir subiendo? La respuesta es sí. En caso de que el precio siga subiendo, el siguiente objetivo es llegar a los $11.19 MXN. No debemos olvidar que estamos en una situación socio-económica donde hay mucha volatilidad, por lo que el precio de la emisora puede NO llegar a sus objetivos y caer rápidamente en su valor. Tampoco olvidemos que estoy mencionando precios exactos pero, en realidad me refiero a zonas de precio.
3.- Por último; si ven las barras de volumen se podrán dar cuenta que, conforme la acción se va agarrando un mayor valor, estas comienzan a ser cada vez menos largas, es decir, que cada vez hay menos personas comprando/vendiendo acciones de esta emisora. ¿Cómo podemos interpretar una disminución del volumen de operaciones?... como una señal de que el temor o cautela por parte de los inversionistas va en aumento.
Bien, les recuerdo a todos ustedes que los análisis que publico son principalmente para mi uso personal y fines académicos. Lo que yo aquí publique o comente NO representa una sugerencia de inversión para la audiencia.
No hay mas que decir, ¡hasta la próxima!
Cemex despega!Cemex logro nuevamente romper su resistencia de largo plazo.
Viendo el gráfico del histórico hubo 2 ocasiones donde igualmente lo paso, sin embargo no pudo mantenerse ahí y nuevamente cayo.
Es necesario que pueda romper su alto anterior que ronda entre los 8 pesos aproxidamente.
por lo que yo mantendría posiciones y vendería la mitad
Cemex ShortNecesitara mucha fuerza para romper semejante resistencia.
Atentos, posible short en puerta.
#Cemex #CX - Long PositionCemex 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 form on the WaveTrend oscillator on the monthly TF soon.
Bullish momentum on StochRSI will build up and the next bullish cycle will start.
Price could raise to 0.236 Fib resistance which is near $10.
SL can be placed slightly below the all-time low (below $1.79).
With entry @$3.40, TP@$9.69 and SL@ $1.69 R:R is 3.68.
At least a reversion to the mean can be expected (to about $7).
WARNING:
I´m not a financial advisor. For educational purpose only!
CEMEX WANT TO BUY YOUR SHARES.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.
cemex announced $500m shares buybackafter 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.
Atención en CEMEX 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 es por lo menos de la longitud de 1 (7.56 a 8.50).
Salida en $8.70 (un poquito antes).
Lo que preocupa en CEMEX es su bajo volumen de operación, que se ha mantenido ya durante meses. Si no hay volumen, habrá que esperar.
Jorge Chacón
CX falling wedge pressed by bearish market. Should rebound soonCX 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.
Med-term an upside movement.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.
CEMEX CPO Podría encontrar soporte (Oct 2011-Ene 2016-Mzo 2019)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.
CEMEX CPO Podría encontrar soporte (Oct 2011-Ene 2016-Mzo 2019)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.
