CAT trade ideas
$CAT $2.01 leaning on BOVolume starting to show up now, very light pullback volume
STT in red
Holding
ASX:CATHere we have the lifetime chart for ASX:CAT.
- Starting with a price of $0.63 and reaching an ATH of $4.26 in only 1 year.
- It then went on a 3 year downtrend back to its original $0.63.
- After that we see it recover to $2.13 in 1 year.
- COVID-19 pandemic brings price all the way down to $0.49, which is its new ATL.
- Since then price has recovered nicely, and if it continues to do so I will be looking to enter a trade.
I have marked what I would like to happen for me to enter, and the relevant buy zone. I will only be putting a small sum on this trade in the hopes that price breaks the $2.47 resistance line and holds price. Only then will I be looking at this trade more seriously. I can then average down my purchase price with small sum previously purchased.
DYOR
I hope this helps someone
$CAT weekly cup and handle formed up. $2.80 measured move.
Im not a measured move expert, but that measures up. I hold. $2.20 looks a good position to add if this flags next week.
$CAT the accumulation above the 20 day has been turned on.Look at the up volume on this thing since March. Amaxing. Slow but steady accumulation. Indecisive day Friday, suggests a flag. When is news?
$CAT - CATAPULT GROUP - Up 100% in the last 2 months$CAT - CATAPULT GROUP - Up almost 100% in the last 2 months
CAT has been having a pretty good run. Up almost 100% over the last 2 months and looking to challenge and old resistance point. It's still a long way down from its old $4 highs so potentially some room to move if it keeps running. The precedent is there.
About Catapult
Catapult Group International Limited is an Australia-based company, which offers wearable elite athlete tracking technology and corresponding sporting analytics. The Company is engaged in the ongoing development and sale of elite athlete wearable tracking solutions, and the ongoing development and sale of analytics for athlete tracking. It has a diverse customer base across sports regions and leagues. It offers ClearSky, a local positioning system that combines pinpoint player movement traces with micro-movement analysis to enable an end-to-end solution for measuring performance and tactical output. Its OptimEye S5 is an athlete monitoring device in elite sport. The OptimEye has both a Global Positioning System (GPS) and Global Navigation Satellite System (GLONASS) antenna, allowing the device to access twice the satellites to increase accuracy and decrease drop outs. Its Inertial Movement Analysis (IMA) is a scientific algorithm that removes the inherent errors of inertial sensors.
Looking for a short This stock is at its 52 week high, last time it hit this level it bounce back down.
$CAT on the rebound.need a bit more right side to confirm the recovery.
prefer to wait to get out of the channel but good risk reward from here.
- see annotations.
