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CEMATRIX Corp T.CEMX

Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. It is engaged in the supply and placement of cellular concrete. The Company’s cement-based material with thermal protection, which delivers a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its applications include retaining wall and bridge approach backfill, roadways and runways, and slope stabilization. Its wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), MixOnSite USA Inc. and Pacific International Grout Company.


TSX:CEMX - Post by User

Post by kingscorpionon Dec 19, 2022 12:29am
621 Views
Post# 35178942

20,50 and 200 MDA

20,50 and 200 MDAI was analyzing the moving averages over the weekend. The 200 DmA sitting at .21c The 20 DMA at 17.6 and the 50DMA at around .16c and change. Now the 20 and 50 DMA are fast moving up. This means if we continue to move up this week These 2 MDA will soon go above the .21c which is the 200 DMA. Do you guys know what this is? When the 20 and the 50 DMA averages crosses over 200 DMA it will form the GOLDEN CROSS which in technical term a very bullish indicator to buy. But would you buy now when these 2 MDA are below? Well look at the out look The company already made a turn around and has assured investors of great things to come So based on this i am inclined to believe the s.p will continue to move up Stocks in Golden cross  can go up 100 200 to 400% even higher . Perhaps before it gets more expensive buy it around .23c You can still make easy over 250% to .81c where the warrants have to be exersized. Of course if the outlook was not as clear and if the company was struggling then even though it rose to these levels it would have most likely hit the price at 200 DMA and come back down. So the s.p continuing to rise this week it will enter GOLDEN CROSS. This golden cross has to be on high volume I am guessing over 200k. You ve read all the posts here and are all facts.So buy with confidence Happy trading
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