LeLaf

CAT: Ascending Triangle, Not confirmed (38,39%)(9/1000)

Long
LeLaf Updated   
NYSE:CAT   Caterpillar
(9/1000)
Ascending Triangle for Caterpillar.
Not Confirmed yet.

Pros:
1- Bullish Ascending triangle
2- Descending volume during formation
3- PPS above 50MA and 200MA
4- R/R ratio above 5
5- 250RSI above 50 and climbing
6- 50MA above 200MA
7- 50MA and 200MA ascending.
8- RS above 0

Cons:

1- ATR is descending, less volatile
2- Triangle not confirmed yet

Target price is 364.95$.

Again, stay humble, have fun, make money!

MAAX!
Trade active:
Broken resistance with volume. Lime it should.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.