CAT Short-Term Bottom Momentum Run

CAT has a Buyback style momentum run that encountered profit-taking by Professional Traders recently. The vertical Angle of Ascent™ was too steep and ultimately technically unsustainable.

snapshot
angleofascentBeyond Technical AnalysisbottombuybackCandlestick AnalysisCATcaterpillarChart Patternsmomentumrunprofessionaltradersprofittakingshorttermbottom

Martha Stokes, CMT
ttrader.im/tv-candlesticks

Learn how to use the technical patterns of each market participant for better trade planning.
Also on:

Related publications

Disclaimer