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Stock of the Day – CX

January 20, 2023 by 2deepaksingh Leave a Comment

CX looks like a great buy in the current market environment. Here’s why

Adding Cemex CX

Cemex is a Mexico-based operating and holding company primarily engaged in the production, distribution, marketing, and sale of cement, ready-mix concrete, aggregates, clinker, and other globally provided construction materials. 

Cemex made a large candle breakout move. The market right now loves this kind of stock and the pattern looks extremely bullish move for 20%+ move. One should hold the stock with a stop loss below 4.4

Chart Source

 

Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purposes. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers

Filed Under: Daily Dose, Stock of the Day

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