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420snoop
Aug 29, 2018 5:14 PM

KMTUY; long heavy machinery  Long

Komatsu Ltd.OTC

Description

anyone who as been to the US always says the same thing; "Wow, there's just so much space here!"

Well china and russia the same way... huge countries with some mineral wealth that a) need it extracted and b) need to take the profits from exporting this mineral wealth and turn it into paved roads, water purification centers, hospitals, etc... the developed world!

A few companies do this CAT DE and KMTUY

I have been long CAT for a long time, but recently have been eyeing KMTUY as it was falling... I think it could be oversold here and could move up with a tp1 of ~31.5 the KS

if we close below purple... probably time to close.

Manage your risk

GL HF

Xoxo

Snoop

Comment

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scale always messes up... it's like the trading view people don't want me to buy a subscription...
Comments
G13Man
great find , and yes , we see their machines in USA
420snoop
@G13Man, I see them often as well! Not as often as DE or CAT but still!
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