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jangseohee
Jan 28, 2015 1:53 AM

CAT, i think i might turn bullish again in no time Long

Caterpillar, Inc.NYSE

Description

Two months ago, after exited my long position from bottom of purple channel, i exited at the top of channel.
However, there was no follow through on the big breakout.. hence on the third bar.. i shorted again at 107.

After two months it gives me pretty good profit when CAT gap down last night to previous support..
It will be awhile before it pickup..
right now i will monitor for second bottom around this support

Comment

Comments
G13Man
you are a true class act !
i love how you re-use previous charts and comment and up date them !
And the comment title for the old chart supports your new update !
Glad we are both still charting around !
jangseohee
@G13Man, you are welcome bro,

if i am an investor, then i want to buy bottom (near) and hold for dear life ^_^

Yes, technical charts are greatest

See you around

^_^
IvanLabrie
Exhaustion gap + Wyckoffian spring sir?

Interesting chart! I'll watch it.
Great trading jangseohee.
IvanLabrie
jangseohee
thanks IVAN... diff tools same results
Bravo!
jangseohee
Yes, exhaustion gap with price hitting exactly the previous support..
and in fact, it is ranging
jangseohee
jangseohee
jangseohee


jangseohee
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