Fundamental -- Too many tractors and industrial machines, remind me of the car boom back in 2021 with the drop of Tesla, GM and Ford. Technical: Breakdown from a Head and shoulder pattern after bad earning, came back, filled the gap, gathered some more sellers, and keep getting rejected around 360 area. It is time for CAT to test the long term trend at the...
Bouncing up off strong support zone, RSI well oriented, Relative Volume up, all after good Q Earnings, time to jump in.
Have you ever had a Lucid Dream? Did you enjoy it? Did you want to wake up? Change things around? Or did you just go with the flow while realizing that the people in your dream were really into their existence while not knowing that they were in fact a simulation created by your brain? Welcome to the simulation of the Caterpillar Universe. A sliding creature...
A price action above 345.00 supports a bullish trend direction. Bullish confirmation for a break above 356.00. The target price is set at 367.00. The stop-loss price is set at 340.00. Closing the gap in a bullish setup is a positive signal because it suggests that the market has absorbed selling pressure and is continuing to advance, confirming the strength of the...
The trend may be shifting. Wave 4 could be starting. Volume coming in one the weekly with some good bearish divergence in the daily. Earnings on the 25th in play. Waiting for a clear break of trend then entering on fib retracements. June and July contracts 300-310 price target
Caterpillar (CAT): NYSE:CAT For Caterpillar, we are currently dealing with Wave (3), which is soon approaching its maximum at the 461.8% level of $385. Following this, we expect to see Wave (4) and then Wave (5), marking the end of our largest cycle, which concludes in Wave I. This sets the stage for building larger positions over the long term, although this...
NYSE:CAT Has broken a previous resistance at $285 and looking to make new all time highs. From here we are going into uncharted territories but targeting $345 #Bullish NYSE:CAT will continue to be a strong performer as it is well aligned with key global trends favoring infrastructure development and economic recovery. With governments worldwide allocating...
Caterpillar broke out to new highs a month ago, and now some traders may think an uptrend is in place. The first pattern on today’s chart is the close on January 25. It was slightly above $300 and the previous record close on December 27. CAT consolidated above that level for the following week, potentially reflecting investor comfort with the new highs. The...
Hello What is very important for me in this cart is the lower boundary line of Ending Diagonal (if it is correct) and also Blue channel. If my counting is correct so we will lower boundary line break out in the next days and this trend should respect to that blue channel. Please consider volume correlation with sub-millennium counting. My strategy for this...
Channel trade here. Cat is sensitive to DJI and DJT. Short target is 265. I like the March 28th 280p. Stop loss 320
After a protracted move up, many times the top is formed on a big intra-day price reversal. I call these "big red candlesticks". The key is to short these stocks on the break of bearish consolidation formations after the first sell-off.
Heavy equipment manufacturer Caterpillar Inc. reported adjusted earnings per share of 5.23 USD for Q4 2023. The company's revenue amounted to 17.07 billion USD, with sales particularly robust in North America. Stocks of industrial sector companies like Caterpillar are now in demand. Following such a strong report, Caterpillar shares updated their all-time...
Caterpillar Inc., ( NYSE:CAT ) has emerged as a powerhouse, reporting a remarkable double-digit increase in operating profit that surpassed Wall Street expectations. The surge is attributed to robust demand for mining equipment and large construction machinery, fueled by a rebound in the U.S. residential real estate market. This article delves into the factors...
At some point climate might matter with this stock, idk. Are they doing EV? I haven't done much fundamental research. Trends marked. All support. All end up taking the price in a bearish direction. Meaning we may have seen the top or will be seeing top on earnings. There is a potential scenario where it breaks out on the underside of a trend and move to 400, but...
This Dow component attempted a new all-time high and failed. However, it has ample support from the prior sideways trend after the previous all-time high. NYSE:CAT has been over-speculated as it moved out of its bottom low. The company reports end of January. Watching to see how the stock performs in the next week or so should indicate whether it will be stuck...
NYSE:CAT has caught attention during a random TradingView screening, displaying indications of a trend reversal after initiating an upward movement on December 4. The critical support level stands at $283.29. Should the stock successfully breach the resistance at $299.20, there's a prospect for a sustained bullish trend. A noteworthy factor is the upcoming...
If resistence holds at the top of this ascending channel CAT could see a nice pull back towards support at the bottom of the channel around $265
I think CAT has formed a measured move into a Trend Channel and would likely continue grinding higher until price reaches the upper bound of the trend channel.