CAT and DE are two of those companies that have been trading like TECH companies over the last year and they have significant moves to the downside coming over the next two weeks. Systematically, you can see the significant to then the consolidation phase. Look for a lot of selling over the next few weeks from these two stocks. I have a PT of 160 for CAT and 322 for DE.
Also, there has been insider selling from both of these companies. Most notably - Rajesh Kalathur, President, JD Financial & CIO, on March 07, 2022, sold 32,391 shares in Deere (DE) for $12,956,400.
Not financial advice
Also, there has been insider selling from both of these companies. Most notably - Rajesh Kalathur, President, JD Financial & CIO, on March 07, 2022, sold 32,391 shares in Deere (DE) for $12,956,400.
Not financial advice