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ddcakez

Fantastic Swing Setup(BULLISH)

Long
Caterpillar (NYSE:CAT)  
ddcakez  
NYSE:CAT   Caterpillar
Trend Analysis Technical Indicators Bullish Patterns potential support buy pricetarget swing
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trendanalysis indicator bullish potential support buy pricetarget swing
Cat has hit its Fibonacci Support and bounced off of it significantly allowing for the potential to get in on the up-move. We've recently seen the Williams %R signal a buy target and then increase allowing for a greater amount of bullish sentiment to be surrounding this play. The squeeze indicator on the Daily also displays that of a potential bullish squeeze to be coming. My price target is 130, but believe it will go higher in the long run.

Bullish Signals
-Williams %R
-Squeeze
-Fibonacci Support

Price Targets
-1st 230
-2nd 247
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