Stock forums smell blood in the water 🩈

Chatter’s picking up

👉  Update: Cemtrex, Inc (Nasdaq: CETX) 👈

Hey Folks, a quick update to my email from this morning


The markets are hugging the flatline right now as everyone waits for the Russia-Ukraine talks to kick off at the White House.

The “tactical trade” idea I alerted you to this morning has seen some good signs of life, though:

As I mentioned, it has been trading in the $1.20 to $1.40 range since early July, and I’m watching it today for a potential breakout.

Looking around the internet, I found sentiment is looking good, and there’s a lot of chatter on popular retail forum Stocktwits:

Users seem especially pleased with the company’s fiscal Q3 earnings report that came out last Thursday. Compared to Q3 2024, it had:

  • A 16% increase in revenue to $17.0 million

  • A 25% jump in gross profit to $7.37 million

  • Operating loss narrowing to $0.64 million from $3.18 million — an 80% reduction.

For levels, I’m still looking for CETX to break out of the $1.40 range on the upside. On the other hand, if it sinks below $1.20, I might wait for a better setup.

Stay tuned to CETX to see how this one plays out!

To Your Success,

Jeff Bishop

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