Video breakdown on $CAT going into 4/12-16 CAT has Rejected New highs and set up a head and shoulders. It seems to be sitting on top of its 20 EMA and best respects the 50EMA which is my target if the H&S plays out. More videos on my tradingview page $220 P for 4/16 closed at .34 not a bad risk to reward.
Video Breakdown on $CAT going into 1/25
Mistake 4 time in the morning. Day Chart, high higher, low higher, but a big red bar, this pattern is the most different one for day traade
today is not easy for trading, should CUT WBA in the morning, now, I have to hold it. DIA, IWM, BCRX, CMCSA, XLF, XLE, XOP, CAT, WBA
CAT looks like we could see the price climb slightly more to $141 before reversing or surging higher. Buying a straddle here could be a good move. Charting patterns and Gann suggest bearish but indicators suggest positive. This divergence usually means short term bullish followed by bearish reversal.