Synaptic724

CAT Short

Short
NYSE:CAT   Caterpillar
I'm shorting cat with a stop loss at 1% @ 147.60 it may continue a bit lower my target exit will be 144.60 with my entry at 146.60. Making 2% if it passes the 50 MA I may add and continue holding for a few more % points.

Divergence on RSI could move lower, however it may still bounce at 50 MA.

Earnings Jan 31, I will exit before then.
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