CEMEX: Initiating Bullish Position On Positive Near-Term Trends (Technical Analysis)

CEMEX, S.A.B. de C.V. (NYSE: CX ) came across our desk from a screen we ran, where the objective was to find profitable companies with strong balance sheets and a compelling valuation to boot. CEMEX, S.A.B. de C.V. is a Mexican outfit thatIndividual investor with a keen interest in deriving income from investment setups. We do this by buying undervalued profitable stocks with strong balance sheets & minimal debt. Furthermore, when the opportunity arises, we like to write calls against our positions to bring ...