Reallifetrading
Short

CAT at a resistance

NYSE:CAT   CATERPILLAR INC
CAT in a channel. Today it's at a resistance. Possible roll over on the stochs (which is the first time I've looked at those in about 2 months)
If you're in shares one could consider a covered call a 77.50 for March or April and or a Collar (if it breaks 71.20) Nice ESR and OBC today.
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I could see this forming an inverse head n shoulders on a daily, roll into 63 for the other shoulder. Shooting star candle right now on weekly.
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