CX: Interesting monthly and quarterly signals
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. Management efficiency has been high, when compared to the average of the past 5 years.Fundamentals are solid, with a decent 5.9% earnings yield, 15% free cash flow yield, this company might be a great value play going forward.
Cheers,
Ivan Labrie.
Dagangan aktif
It's on...
Nota
Very strong action, I expect immediate follow through, this is a gigantic breakout...hope someone took it with me at the open today.
Nota
Nota
$C managed to make
CX drop a bit, but it's only a temporary drop...I will be adding to longs gradually.Nota
finance.yahoo.com/news/mexicos-cemex-signs-4-05-224152569.htmlAdding pay off, maybe $C were in the know about this debt refinancing deal...hehe.
Nota
paid off*
Penerbitan berkaitan
Penafian
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Penerbitan berkaitan
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.