CAT: Engulfing bullish pattern. Buy :)
The last high is likely going to be broken soon.
This long-term chart looks at the relationship between Caterpillar NYSE:CAT and front-month crude oil futures The week so far has seen a few points shaved off CAT's 30% rally since election day, when it hovered around its 50 week average. The stock has been pounding against 5 year resistance while mostly shrugging off weakness in Crude. But with no clear path...
CAT pulled back after gapping up post earning. It started to re-bounce. I would like to long CAT by setting up a Put Spread. Position: June 30 Weekly option: -1x98.5 /1x91.5 Premium: $0.96 Max Risk: $604 Breakeven: $97.54 PoP: 73% Target: 50% of the premium.
Just as a result of separate trades I'm currently long this spread... If we get below 0.10 I'm in trouble
On April 13, 2017, Caterpillar ( CAT ) crossed below its 50 and 100 day moving averages (DMA). Historically the stock has crossed below the 50 DMA 444 times, the 100 DMA 348 times and both have occurred on the same day 72 times. For all of these instances, the stock does not always drop over the following 11 trading days. The 50 DMA cross has a median loss of...
Caterpillar Inc has been one of the best performance since the Trump ellection. It's obvious that if you are planing to build a huge wall across the southern border, you are going to need a ton of machinery. This month, the stock took a dive due to some accounting issues. after a few weeks of testing the support, the stocks seems ready for a new bullish ride. We...
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... DOW JONES Index incl. all 30 Shares (2016 Yearly Performance) @ drive.google.com Best regards Aaron
Initiated this BCS bevor price broke back in the fork again (hint hint hint ;-) ) This is me, being impatient (proof: I'm human). Because this is a risk defined trade, I leave it on with "hopium" that price come back again, below my strike of 90 (...LOL...good one Dude...). Meanwhile I sell some puts to reduce some of my loss. Next... P!
CAT has just completed a rising wedge pattern last week and now awaiting breakout. Cheers!
The price remains into the upside bias (it is situated over the 89.37 pivot level) and will, possibly, continue its initial upside move towards 98.47 (141.4 Fibonacci extension of the upside move of 69.03-89.85). A suitable stop-loss/exit of long position would be on 89.37 pivot level.
One of the areas directly benefited by Trump's choice is the Construction sector, // product of its promises of Re-construction and renovation. Of USA preferentially to the structures in decay and creation of new, this is reflected in the rise of the companies related to the construction and also with the same materials used in the contribution ///
Going a little contrarian on this one. Got a solid bump from Trump election on infrastructure plans... however long term is a bear recoil trade set up. and we into selling zome.
I'm bearish on the sector in general as well as the company after some interesting research from Hedgeye. I think the recent rally was a gift from the market gods, and am simply looking to fire my shots. RSI momentum is negative while the share price failed to break above 50% fib retracement level. Possible 50 day ma acting as over head resistance as well. I'm...
CAT reached new annual highs last week but failed to break above an important technical level at $83.90 (50% Fib level in chart). A negative divergence has taken shape in the daily RSI as prices retreat from a trend line resistance tested on 17 August. So long as prices remain below $85.30 (current projected trend line level), we may see CAT correct down towards...