CAT1 trade ideas
Buy $CAT - NRPicks 17 SetCaterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives worldwide. Its construction segment offers asphalt pavers, compactors and utility vehicles, among others.
Revenue TTM 45.8B
Net Income TTM 4.3B
EBITDA TTM 8.6B
EBITDA Margin TTM 18.9%
P/S 2.43
Dividend yield 2.1%
CATERPILAR are we going down?for discussion only. Current market sentiment seems bearish. Wouldn't be surprise if this H&S falls thru. What's your view
$CAT bullish shark$CAT bullish shark formation riding the coattails of the "infrastructure bill" that passed the house last week. Short term ultra bull with 11/26 $207.5 calls
$CAT nice week so far...This is still an infrastructure bill play, with some positive news and solid market we could get a nice run to year end.
Long CAT @ 202.29 Daily stoch pulling back so far holding 50 day MA higher lows. Vol more buying selling
Weekly stoch looks great
1st target 200 day ma 215.
Caterpillar-CAT SHORTEntry will be at 208 with a stop at 212 target 197. Price needs to arrive strongly to supply zone for a short. Long put options will be used.
$CAT is moving! Macro analysis + technical with boxes.Hi everyone,
On Saturday US government finally agreed to pass a huge $1 trillion infrastructure bill.
What does that mean?
Utilities, communication, transport and industrial companies will receive subsidiaries for expansion.
So why NYSE:CAT ?
The biggest construction equipment manufacturer in the world. They will benefit indirectly as companies buy/lease their machines/services for infrastructure construction.
Now the chart.
NYSE:CAT is already up almost 5% in premarket after the Saturday news.
It has broken out of the box at 208 and now gapped up deirectly to the next minor resistence level at 216 .
I expect the stock to temporarily trade in a small box before the surge to 223 level.
Long NYSE:CAT :)
Let me know what you think.
What other stocks are going up on this news in your opinion?
Trade wisely and good luck!
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Disclaimer!!!
This is not financial advise.
CAT - 220/225 then going shortWith the gap higher this morning I had to re-evaluate CAT. It is trading within this megaphone pattern and on the smaller timeframes it should be looking to complete a minor 5 wave sequence into 220/225. From here I will be looking to get short as I believe it has another wave lower towards 180 range.
CAT breakout, $223 incoming CAT, breaking out of a flag, MACD is looking to crossover on the weekly chart. Long Term Price Target = $223.19
CAT - Bearish provides a good short setup here being rejected at the top of the bearish channel twice signaling a double top. Looking for a break lower towards 196/197 area. Below orange line would likely confirm a C wave down inside the ABC corrective wave towards 177/180. Supply zone at 209.50/210 with 211.51 being the 1.618 extension level if this crawls a little higher early in the week.
Cat Trade Opportunity The symmetrical triangle is very clear on the 1 year chart. I am mostly bullish but as always it can break both ways. The blue lines are resistance/ places to take profits
Cat is to the moon this week Biden just passed the $1T infrastructure bill which means that this should show a lot of momentum next week with a continuation of the daily breakout of the falling wedge. My bet is that its going to blast through all previous resistance breaking all time highs. GET IN CALLS. LETS EAT
@thatsbuck Tricky Triangle Thread aka TazerfleeceDon't get choked out or choked up. Trade the tricky triangle strategy.
Caterpillar Breaks out of wedgeThe breakout distance usually follows the width of the intial wedge entry which was 19%.
First target is 217 which at that point there's usually a pullback with this pattern (See my IBM link).
Second and final target 233.84 which represents a full pattern play out. Momentum could carry this further in ATH highs
All targets are Fibonacci resistance using June 4th high and Oct 13th low
10/17/21 CATCaterpillar, Inc. ( NYSE:CAT )
Sector: Producer Manufacturing (Trucks/Construction/Farm Machinery)
Current Price: $199.02
Breakout price trigger: $203.00
Buy Zone (Top/Bottom Range): $196.00-$187.00
Price Target: $223.80-$224.50 (1st) $247.20-$248.00 (2nd)
Estimated Duration to Target: 48-51d (1st), 147-155d (2nd)
Contract of Interest: $CAT 12/17/21 210c, $CAT 3/18/22 220c
Trade price as of publish date: $4.10/cnt , $5.60/cnt
CATERPILLAR : CMP 199Stock is in correction phase...extending daily Timeframe Correction into weekly timeframe...if stock Fall below 190 then Stock expected to enter in weekly time frame correction...and expected tk test Levels of 160...
Avoidable stock or short below 190
Technical analysis (CAT) Limit buy - 193,50-195,0$
Target - 220,0
Risk/Reward Ratio - 3,44
Stop-loss - 186,75
CAT - ADDED TO MY SHORT LISTIC&H and H&S setup here and looking for it to breakdown within the next week or two.
Falling Wedge- BullishBig falling wedge on CAT here after breaking below the symmetrical triangle it was previously holding, big gap to fill on the upside, and some slight bullish divergence on the RSI. Watching CAT closely here for a breakout from this wedge (Broader Market Conditions Permitting). Bullish- just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on. CAT is a relatively slow mover so likely will be a longer-term play-
PT1- $193.95
PT2- $199.72
PT3- $200.08 (Gap Fill) + Breakout
