CAT1 trade ideas
CAT swinging long till 100Nice breakout from the wedge that others have also been trading off. Market sentiment and up channel have my longterm outlook very bullish. Would have been nice to see some more volume but it back tested as support and bounced off the pivot at 95. Weekly chart confirms this should be a nice breakout ahead of earnings next week. Getting in now as a gap up is a big possibility as the new administration releases their infrastructure plans.
Bearish Wedge Signals Drop On $CAT To $84.75There is a classic bear wedge development on the stock chart of Caterpillar Inc. (NYSE:CAT). Upon breaking the support line of $92.50, Caterpillar will fall quickly to $84.75. You can see the wedge in the stock chart below. The target level of $84.75 is a gap fill. This will be a major support and probably a solid buy level. Stay tuned and opt-into my live trades to get my exact entries, stops and targets. Opting into my trades is free, you only reward me with a few Dollars IF I give you big winning trade information. Verified Investing is the future.
CAT @ daily @ best dow share (+42%) 2016, still pretty bullish ?Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
DOW JONES Index incl. all 30 Shares (2016 Yearly Performance) @ drive.google.com
Best regards
Aaron
CAT kills a Bear - What happend...Initiated this BCS bevor price broke back in the fork again (hint hint hint ;-) )
This is me, being impatient (proof: I'm human).
Because this is a risk defined trade, I leave it on with "hopium" that price come back again, below my strike of 90 (...LOL...good one Dude...).
Meanwhile I sell some puts to reduce some of my loss.
Next...
P!
Caterpillar Got SoldCAT has just completed a rising wedge pattern last week and now awaiting breakout.
Cheers!
Trading using two pivots #CAT (Caterpillar Inc.), medium termThe price remains into the upside bias (it is situated over the 89.37 pivot level) and will, possibly, continue its initial upside move towards 98.47 (141.4 Fibonacci extension of the upside move of 69.03-89.85). A suitable stop-loss/exit of long position would be on 89.37 pivot level.
CAT 1 Hour Chart Day Trade Breakout or Breakdown Setup Go Long @ 93.75 with a profit target between 95-95.50
Go short @ 91.50 with a profit target between the .38-.50 fib retracement area
Based on the positive futures opening direction sentiment my bias is to the long side
$CAT WeekleyLooking at this rising wedge on $CAT and breakout looks false with over hype of Trump's win. Looking to get long some long term PUTS
Cat /(Carterpillar) , + UPOne of the areas directly benefited by Trump's choice is the Construction sector, // product of its promises of Re-construction and renovation.
Of USA preferentially to the structures in decay and creation of new, this is reflected in the rise of the companies related to the construction and also with the same materials used in the contribution ///
Caterpillar Nov'16 - ShortGoing a little contrarian on this one. Got a solid bump from Trump election on infrastructure plans... however long term is a bear recoil trade set up. and we into selling zome.
CAT starting to look good?Inverse head and shoulder on weekly, bounced off horizontal support and rising trendline support.
Good place to go long with a stop under 80. MACD and RSI are showing bearish signs so ideal to wait out few days for election results to sink in.
CAT is On Its Last LifeCaterpillar is known for being a global economic bellwether, and considering it recent stock performance you'd think economic activity is alive and well.
Unfortunately, this is not the case. In fact, despite CAT "beating" its recent Q3 earnings estimates (which rely heavily on accounting gimmicks), the global mining and construction company reported that all is not well while lowering its forward guidance.
Chairman and C.E.O Doug Oberhelman said "economic weakness throughout much of the world persists and, as a result, most of our end markets remain challenged." He further went on to say, "in North America, the market has an abundance of used construction equipment, rail customers have substantial number of idle locomotives, and around the world there are a significant number of idle mining trucks."
It's important to know that global sales have contracted for nearly three straight years, and trouble with their business began once the massive commodity bubble began to pop in 2011.
CAT v Deutsche Bank Tracked Commodities
The fundamentals prove negative for the stock going forward. At 47.93x trailing 12M earnings, the stock is grossly inflated over its 5-year average of 16.93 - where many of the company's industry peers currently reside.
We currency foresee further weakness throughout the global economy, especially in China. Although, the Chinese government is fight tooth and nail, running deep monthly budget deficits, we do not expect China to regain its previous growth expansion before a financial crisis breaks out - PBoC boots net liquidity to the financial sector by 1.06 trillion CNY, or a 2,022 percent increase YoY.
The People’s Bank of China has increased net liquidity to the financial sector by a staggering +2,022% year-to-date, to 1.06 trillion CNY.
If you want to learn more follow @Macro_View on TWTR and go to macroview.co to get on our waiting list to subscribe.
Caterpillar: Bearish Trend LikelyMost time horizon charts for-CAT are very negative. Here are my top ten reasons why:
1. There has been a sagging in price structure.
2. Sell Fractal (10-21-2016).
3. The top middle indicator is a 13 interval momentum of phase energy, and this is negative, below the zero line.
4. The top indicator is a 34 interval momentum reading of the CAT-price (OHLC /4). This is weak, below zero, heading lower.
5. Chop (under chart) is in the heading lower, indicating a STRONG DOWN MOVE is likely to develop. It is not a sell signal yet, but I think it will be.
6. Chop zone (under chop) is red, indicating a downward trend. This is a sell signal.
7. The red conversion line of the Ichimoku Cloud is heading lower. This is a sell signal.
8. The black baseline line of the Ichimoku Cloud is heading lower. This is a sell signal.
9. Prices are trading below the Ichimoku Cloud conversion line and baseline. This is a sell signal .
10. Prices have sagged into the cloud. This is a signal that the up-trend has stalled.
Caterpillar is set to release its earnings today. The setup is suggesting lower prices.
Note: the daily chart indicates the forward projection (looking out 26 days), as negative.
On a one hour chart the price structure is BELOW the previous 233 interval moving average.
Good luck to you in all your trades. Don.
CAT earnings coming upLots happening and could happen in the yellow circle of life here. Two HS, both liking the next move down. Bottom indicator wanting to start to form yet another bottom. Big resistance here. Some say , don't mess with, and go against the big CAT, you could get clawed.
