kluzin

#0002: CAT - Flag in an UpTrend

Long
NYSE:CAT   Caterpillar
22/07/2014
Caterpillar Inc (CAT)
On the daily graph we can see an flag in an uptrend, which is bullish signal.

I'd bought at current market price with stop loss at $108,7.
Measured price target is approx. $114,40.

After flag figure breakout, I'd set my stop-loss at break-even.

edit. 23/07/2014
Hit the stop.
Entry price - $110.9
Exit price - $108.7
Loss at position is about -1.98%
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