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Ryanhasoptions
May 13, 2016 5:27 PM

Short CAT Short

Caterpillar, Inc.NYSE

Description

I'm short CAT via the 67.50 strike august put. This is a monster setup with divergence, bear flag, and MACD inflection. This is pointing to a big move down.

Cheers
Comments
seekers36
Long term... major 5 waves down complete, looks like a hammer setup for rally up
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