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 trade ideas
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
CATERPILLAR INC path and directionHello everyone
In march 2020 we have a possible big uptrend channel
In may 2020 we started a small uptrend channel and so far price is respecting this channel trend lines
In august 2020 price has broken the downtrend from march and retested and price went higher respecting this small uptrend channel
our plan is to watch price action inside this small channel
However daily close below lower of the small uptrend channel trend line will drop price to next support zone
I like the zone inside the cube ( broken downtrend line we might test it again , lower trend line of the possible big uptrend channel which touches twice )
for any question feel free to ask :)
Caterpillar Breaks Long-Term DowntrendIndustrial stocks remain underperformers thanks to the coronavirus recession. However, a few companies struggling before the crisis have started breaking out.
One of them was Deere . The animal spirits have also been at work in Caterpillar.
The first chart feature for CAT is a weekly downtrend in place since early 2018. This ran along the pre-covid high and into the August consolidation area of $135-140.
Next, the equipment maker’s recent low of $142.73 was just half a percent above its 50-day simple moving average (SMA). Speaking of the 50-day SMA, it rose above the 200-day SMA in early August – a “golden cross.”
Finally, CAT’s advanced despite poor monthly sales reports and warnings about the weak economy. But recent economic data, especially from China, have fueled some optimism.
Given the fact that stocks have started the week by jumping higher (“market order Monday?”), some traders may want to see CAT retest closer to $140. However, the daily and weekly charts could be signaling a longer-term breakout.
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Cup and Handle Rising wedgeCAT is falling from a bearish rising wedge which possibly interfered with C&H targets
Now under long entry level of 150.65
Handle Low is 135.3 and can be a source of support
Monthly candle indicates this one will pull back a bit more.
Not a recommendation
