CX: Interesting monthly and quarterly signals
Updated
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.
Trade active
It's on...
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Very strong action, I expect immediate follow through, this is a gigantic breakout...hope someone took it with me at the open today.
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C managed to make CX drop a bit, but it's only a temporary drop...I will be adding to longs gradually.Comment
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.Comment
paid off*
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