denniszelchonok
Long

CAT momentum / trend continuation long || technical idea only

NYSE:CAT   CATERPILLAR INC DEL
19 0 0
prices > 103.10 triggers

a) BULLISH reversal bar two days ago
b) BULLISH reversal bar yesterday
c) ( BULLISH ) inside bar today (so far)
d) BULLISH any stops of shorts above
e) BULLISH momentum players

whole price-action shows range contraction
at the highs in a very nice uptrend

earnings next week thursday!

trade management idea is to go long above 103.10, ISL             is todays             low (102.20), move stops below daily candles (after close!) if we see the idea beeing triggered.
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