AschraM

CAT bullish flag range

AschraM Updated   
NYSE:CAT   Caterpillar
As long as we are in this range CAT will continue its bullish accumulation and could go as far down as testing 100.

There is strong support there which gave us a great impulse up. There are many situations this can create right now.

Short pressure holds at 150...a clear expanding flat setup could be at play or bullish buttery extending

The long term move is UP...lots will be waiting for that breakout of this range! But where will it be??? will we tap 100 first before trying 200?? Ya I think so... we got close but not close enough!

manufacturing in the USA is ramping up. I would assume profits will come to CAT from many sources over the next 10 years.
Trade closed: target reached

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