CAT1 trade ideas
$CAT - awesome breakout. CAT with a awesome breakout. I posted it on the 16 SEP. If you got in congrats. Do not forget trimm and trail!!!
CAT at upper resistance - flag breakout or drop?CAT is testing the upper resistance of it's flag-like pattern.
Potential next moves - continuation of the bullish rise from earlier in the year as the flag pattern ends..... or a fall back into the channel.
With trade fears and steel tariffs, the latter is more likely at this time
Week not over yet... but already looks very compelling..would like to see the volume in the next 2 sessions pick up.
$CAT LONGNext few days will determine the outcome. Two posibilities: breakout for the next leg up or going down to test support.
CAT Bear FlaggingMarkets are doing great but stocks with China tariff exposure under performing. Rightfully So. It is still holding on but this will likely follow BA if tariff concerns heighten.
Short Sell SignalFollow the comments on the chart! If the price goes up to the size of the stop loss point, put the stop loss on the entry point, Stop loss means that the closing price must be below the Stop line, the shadows are not acceptable. NYSE:CAT SP:SPX
$CAT Earnings Beat $CAT has earnings beat stock gapping up this morning. Would go long a few for a pop at open short squeeze give it room to 145ish to add and look for a push back towards highs. I think this will pop and then gap fill back down possibly to 144 or under. I would pick some up and look for a slow move back to highs in this area. CAT
cat long or short ideaTime cycles seem to line up with dip buying chance if you want to get long or if you feel like a short could use them to time a top not an exact science. This trade has headline risk with being a trade war going on.
Caterpillar (CAT) earnings preview: strong double-digit growthCaterpillar has carefully assembled its brand and product portfolio over the past 100 years to create the largest construction and mining equipment manufacturer in the world. In a push to realize research and development and production efficiencies, Caterpillar has become the largest or second-largest manufacturer of virtually every product it makes while generating a double-digit return on invested capital.
While the company has entered new geographies organically, acquisitions have helped it create a robust product line. Typically, larger and higher-priced equipment is completely designed and manufactured in-house at Caterpillar, while smaller and lower-priced equipment is largely assembled from premanufactured components from various suppliers. Over the past decade, Caterpillar has increased its adoption of lean manufacturing principles, particularly with new hires from the automotive industry.
Caterpillar increased manufacturing segment revenue 33% to $12.2 billion compared with the prior year’s quarter. The industry has been in growth mode thanks to a combination of U.S. tax reform, strong economic activity, and positive commodity price trends. Caterpillar’s resource industries and energy and transportation segments clearly demonstrate this point, as both segments increased revenue 32% to $2.2 billion, and 27% to $4.3 billion, respectively.
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CAT LONG OR Short IdeaTrade wars is going to hurt it or not it's up to big money holding the stock. Boxes are where i see price hitting in the next week to two. Will investors pull money of this and other US leaders and start putting it to work in other markets? Which markets would you pick?
CAT looks ready to make a move into ERTwo different options for trading on chart. RSI in bullish diversion, MACD curling upward, base building at an area of support. Could head back up toward 200MA at 147 area and toward filling two gaps left above. Run could come into ER on July 31, options on chart depend on risk taste, whether or not you want to play the ER. Good luck to all.
$CAT Entry position on parabolic uptrend line$CAT a dow stock had a large correction near the parabolic line support, alot of support going back to 2014 at e $118, best entry would be at $129 on the parabolic support line however all the FUD that has come from TRUMP and trade war fake news has already shown its effect and held up well around the $130 support line.
Recommended LONG at current price of $135 and dollar cost average in onto the lows of $120, if major support lines get tested and break at $119 sell, good place to place your stop losses.
I dont own any $CAT atm but entering position for a LONG TERM hold here at these levels dollar cost averaging down to the $120 supports.
$CAT Oversold Catching Support$CAT Caterpillar looking oversold on the daily chart - catching support at gapfill around $132.50 today, already bounced nearly $3 intraday. Expecting continuation to at least $140 in the very near term, possibly further. Breaking through the 200d ema will be crucial for additional gains, may see some resistance there.
Note this stock has been one of the equities affected by trade war concerns, beware it could make a significant move in either direction with further trade war developments and/or POTUS tweets.
Note: Observation/opinion, not investment advice.
