Cemex Holdings Philippines, Inc. (CHP ) Bullish Alt 127.2% ABCD

It seems that Cemex Holdings Philippines, Inc. (CHP )  completed a Bullish Alt 127.2% ABCD.

Chart Paint Louder Than Words No. 3 - Cemex Holdings Philipppines Inc. (CHP)

Chart Paint Louder Than Words No. 3 - June 10, 2018

Stocks
Cemex Holdings Philipppines Inc. (CHP)
Last Price: 3.33

Technical Analysis:
- Completed a Bullish Alternate 127.2% ABCD Harmonic Pattern

Trading Plan:
- Recommendation : Buy at Current Price or Lower
- Target Price 4.22
- Stop Loss : Below 3.00
- Resistance levels are at 3.50,3.90 and 4.20
- Support levels are at 3 and 2.90

DISCLAIMER
As always, it is essential that anyone using this analysis for trading advice manages risk carefully. Trading is about probabilities, not certainties. Accept that this analysis may be wrong. It is impossible for any analyst to predict with certainty what a market will do next.

Dow Jones Industrial (DJI) Uptrend Line - April 9, 2018

Dow Jones Industrial (DJI)  is currently sitting above the support of Uptrend Line on it's monthly chart. The Potential Reversal Zone of a Bullish Alt 127.2% ABCD is being respected  on it's daily chart and still above the  200 Moving Average. In my opinion the  uptrend is still intact and what is happening is just a correction an oppurtunity for us to buy at lower prices. Resistance is seen at 24,217 and support levels are at 23,787 and 23,239.

Monthly Chart

Daily Chart