CDX cardiex limited
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Couldn't identify a general thread in recent use on CDX so I...

  1. JaredSykes
    58 Posts.
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    12/02/21
    14:37
    Post #: 50936094
    Couldn't identify a general thread in recent use on CDX so I thought I might try start one.

    Personally, I am very bullish on CDX and confident in the company's ability to deliver on commercial deadlines. I just sold a portion of MYQ shares close to its high today (amazing run for them) and bought into CDX at the 0.077 low.

    I expect a support line to form around 0.075 as we move forward, and pending upcoming positive news, the share price should challenge the 0.115 high given there is less selling pressure. It would also be nice to see more institutional interest after the expected smartwatch release.

    IMO.
    CDX Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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