CAT has a downtrend 10% from its 30-day high.
However, fundamentally the industrial is holding up quite well.
The downtrend was inverse parabolic accompanied with
an appropriate volume pattern showing 3X relative volume
This is sometimes called the retirement trade pattern
or V-type pattern. CAT has dropped to three standard
deviations below the...
Looking at the CAT Caterpillar Inc options chain, i would buy the $180 strike price Puts with
2022-12-16 expiration date for about
$6.71 premium.
Looking forward to read your opinion about it.
Stock is in correction phase...extending daily Timeframe Correction into weekly timeframe...if stock Fall below 190 then Stock expected to enter in weekly time frame correction...and expected tk test Levels of 160...
Avoidable stock or short below 190
Hello traders,
Description of the analysis:
Caterpillar Inc . ( CAT ) support zones ideal for timing long positions (gray). CAT is currently at its all time high (ath). A possible correction could provide a shopping opportunity in interesting volume zones. It is definitely worth following further developments. The thickness of the support zone reflects the...
I see a nice break of this flag range, Im feeling a stretch punch after this nice W formation with a possible cup but from there we need to be caution around tp1 & tp2. A horizontal range can begin around the caution orange circles. Orange eye represents us to be watchful.
It seems on the hourly we are expanding and collecting orders in order to get that next...
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
