CAT has multiple signals aligning for a big move up.
Bounce off the longterm upwards trendline
Big increases in volume at the end of the recent downtrend, indicating a big transition of shares as bears exit and bulls take over
Recent cross-over the 20 period SMA
A higher low was just put in, offering a very tight stop for a large leveraged play
MACD crossover confirmation
The beauty of this play is we're only 2 bars from where the trendline continuation bounce put in a new higher low. This means we can size up on this play with a natural technical stop very close behind