UnknownUnicorn785485

CAT swinging long till 100

Long
NYSE:CAT   Caterpillar
2
Nice breakout from the wedge that others have also been trading off. Market sentiment and up channel have my longterm outlook very bullish. Would have been nice to see some more volume but it back tested as support and bounced off the pivot at 95. Weekly chart confirms this should be a nice breakout ahead of earnings next week. Getting in now as a gap up is a big possibility as the new administration releases their infrastructure plans.
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