denniszelchonok

CAT momentum / trend continuation long || technical idea only

Long
NYSE:CAT   Caterpillar
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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