Nick_C_

Insane 10R on daily Caterpillar short!

Short
NYSE:CAT   Caterpillar
5
Price has expanded range and closed below an 18 day mode as well as a key earnings level.. Very bearish outlook here offering a potential near 10R (most likely 8-9R with frictions), with RgMov failing to support the 1.5 month upside action. For more information and insights into managing this position, scaling in, and understanding the logic behind the technical setups contact me via pm. I'm currently apart of a professional Skype group that shares trade setups and offers one-on-one tutoring via Skype calls. GL!
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