Newest Alert Released Breaking News This Morning

AwesomeStocks Hello! CETX, our newest alert, released breaking news this morning that could be another positive growth catalyst for the company. Here is the breaking news announced this morning: “Cemtrex Secures Additional $1.1 Million Vicon Industries Order from Border Protection Customer in Texas” “Hauppauge, NY, May 04, 2023 (GLOBE NEWSWIRE) -- Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced it has received a $1.1 million order through Vicon Industries from a current large border protection customer in Texas to develop its security technology system with new solutions, expanding on the customer’s $1.5 million order in January 2023.” As the company further explains: “Increasing modernization of the current security infrastructure is accelerating the growth of the border security market,” said Saagar Govil, Chairman and CEO of Cemtrex. “With the rise of geopolitical instabilities and an increase in threat assessments, countries around the world are employing advanced security systems on their borders. Ground systems including video management systems and surveillance cameras are a critical component to safeguard these highly dynamic environments. Other border concerns include a 207% rise in Fentanyl seizures since 2020 and an increase in southwest land border encounters from 500,000 in 2020 to 2.4 million in 2022, according to the U.S. Customs and Border Protection agency, is adding to calls for increased protections.” Furthermore: ““Developments in advanced electronic devices such as computer vision, sensors, artificial intelligence, and machine learning are playing a critical role in powering these modern systems and providing additional savings by reducing manpower needs. We believe our Roughneck cameras and Valerus video management software solutions are an ideal solution for border protection customers seeking advanced surveillance solutions, and due to increasing demand, will provide long term growth for Vicon,” concluded Govil.” Following yesterday’s alert, CETX opened at 10.49 and rallied to a high of 10.58 in the afternoon, afterwards closing the day at 10.46. CETX closed the day 6% higher from the previous day’s close and near the high of the day. That’s a positive sign, and possibly just the start of a renewed rally higher. With CETX trending above both its 20 and 50 day moving averages, this could present increased upside potential. CETX is positioning itself for increased growth as they further accomplish their plans. Sources: [Presentation]( [VMR]( [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [PR6]( [PR7]( [Website1]( [Website2]( [Website3]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. Before investing in securities, you should always consult with your financial, tax and legal advisor and never invest money you cannot afford to lose. 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