CEMEX/CPO - Buying Opportunity. TF analysis: 4H. According to technical analysis, we can observe that we are in an uptrend channel, in which the price is gaining greater inclination by making higher lows. The projection of the possible upward movement is located up to the upper end of the channel.
When visualizing the market and conducting technical analysis, it is crucial to interpret different timeframes. Multi-timeframe analysis can enhance the probability of success in our trading by utilizing support and resistance levels from higher timeframes than our base timeframe. It is also useful for identifying candlestick patterns in other timeframes and...
CEMEX, S.A.B. de C.V. (CEMEX) is an operating and holding company engaged, directly or indirectly, through its operating subsidiaries, primarily in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other construction materials throughout the world, and that provides construction-related services to customers...