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KarlenTovmasyan
Jul 31, 2017 11:53 AM

CAT Short

Caterpillar, Inc.NYSE

Description

We are at a very strong resistance level as we have up move and average volume which is decreaisng. The last month is disbalanced, because the spread of the bar is wide and the volume is less compared to previous bar's spread and their activity. So it would be a good idea to buy put options.
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