CAT trade ideas
CAT SHORT ENTRYCAT BEARISH SHARK HARMONIC. Already has a serious bear div on MACD 1-3 Day chart. Went on a great run but its time to short.
Caterpillar loosing momentumCaterpillar had a great Santa rally but is loosing momentum and is up for a reversal
CAT loosing strength? Potential Short PositionSo CAT has been has been consolidating between this 174.50 (resistance) and 170 (support) area. It has tested the resistance multiple times and failed now seems to be loosing strength to keep testing the resistance.
Ill be looking to see if CAT begins to form a down trend in the upcoming days and starts to test the 170 level support. I think its important to note that it dropped below 170 on Nov 20 but rebounded, but it also again failed at the resistance. In my opinion, the more it fails at the resistance, the over all bullish strength is beginning to wane.
Ultimately, from a technical stand point it seems CAT is starting to loose energy and may fall off. Will be watching the 170 level closely and looking for signs of a down trend as it begins to break out of the up trend (dotted red line).
2020 Actual Trade: CAT +19% profits- 3 months bottom base (March-May)
- 2.5 months preparation for uptrend (May-July)
- 140 was the key line we watched.
- 08/10 broke out 140 so got it CAT at 142.12
- Little pullback into negative area below the purchase but the base offered support
- After that all the way to finish line 11/12 with a gap up for +19% profits
CAT in solid uptrendCAT is in a very solid uptrend with stacked bullish EMAs, a bullish MACD crossover and a classic bullish squeeze having JUST fired! I'll be going long.
NYSE:CAT
Caterpillar Inc.📈 NYSE:CAT LONG H4
🛒BUY above = 169.12
🎯Target1 = 177.93
🎯Target2 = 183.38
🛑Trailing Stop loss = 154.85
❌Cancel trade and open reverse trade = 154.85
🙈Recommended risk = 1-2%
#CAT #CATLONG #BUYCAT
CAT shortMonthly Supply Zone
Short Entry 171
Stop 178
target: 150
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
I bought many calls. I have to buy some PUTs as insurance;
Long CATPotential Long for CAT
- Bouncing off 50EMA & currently oversold
- Bullish Engulfing pattern was formed with a confirmation candle
- Sitting on a support formed by previous high resistance
- Upcoming presidential election may have some impacts on the Infrastructure stocks
Overall the momentum of the "industrials" sector has been on an uptrend since May.
But do take cautions, as the price dip below the 50MA over the past week.
Looking into the industry of "Agriculture" and "Construction", both have been climbing up with an upside momentum.
It has passed all of my checkboxes for a long setup, except the MACD indicator has failed.
Hence I would be very alert when entering the Long trade
CAT Potential ShortThis may take some time (say a week or two) to develop but essentially there are three levels that I think are key in determining whether CAT stays strong or breaks down. Those are 170, or the highest the stock has ever been and were it recently sold off. 155.40, Consistently served as past resistance until CAT broke through to reach its all time highs. Whenever CAT breaks through this level it really runs up. Lastly, 150.60 which served as a past resistance but most recently served as a support.
So all in all, CAT blasted to 170 and sold off fairly quickly but now consolidating a bit as the 157 price. Im interested to see how it holds at this price. If it does, so be it, it has strength, but if it breaks down and down trends to the 155.40 level I will be looking to get short. And if it approaches the 150.60 level I will be extremely interested in getting short.
Personally, I will be watching to see CATs price action this week. If CAT rebounds and take note if the rebounds form a lower high and are approaching the levels listed above. If the trend keeps going up and shows strength I will keep an eye at 170 (Maybe it breaks through and rallies or it sells off). If CAT continues down, I will be watching 155.40 to get short.
Note: I put some anchored VWAP in there to see, but I dont think they add much value to the overall analysis (for the time being).
Cup and HandleThere is also a RW in this chart but CAT has dipped out briefly though bottom trendline
Earnings in January
NV and OBV are both high
Possible pull back to put you closer to long entry level
Patience is a virtue
Not a recommendation
would CATerpilar go down and then smash previous high?there's a trade idea for CAT shows what i think will happen previous or between Dividens and Earnings.
Iron TariHi guys,
This is weekly option Iron condor, 5% strikes.
Follow my strategy for free, and check by yourself the odds and the maths!
Enjoy your wallet!
Tari.
CATERPILLAR INCCATERPILLAR INC
As we said before, I am destroying the stock in a very strong bullish wave, and it will continue to rise in the coming months
thank you
CAT - buy support zones analysisHello 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 importance of this zone.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
respect the trend!longterm trendlines coming into play! daily gains are too small for me to consider calls imoo, id go with shares :) goodluck
