$CAT with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $CAT after a Negative Under reaction following its earnings release placing the stock in drift C with an expected accuracy of 75%.
CAT1 trade ideas
Caterpillar (NYSE: $CAT) Touching 2018 Highs! 🚜Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines worldwide. Its Construction Industries segment offers asphalt pavers, backhoe loaders, compactors, cold planers, compact track and multi-terrain loaders, excavators, motorgraders, pipelayers, road reclaimers, site prep tractors, skid steer loaders, telehandlers, and utility vehicles; mini, small, medium, and large excavators; compact, small, and medium wheel loaders; track-type tractors and loaders; and wheel excavators. The Resource Industries segment provides electric rope shovels, draglines, hydraulic shovels, rotary drills, hard rock vehicles, track-type tractors, mining trucks, longwall miners, wheel loaders, off-highway trucks, articulated trucks, wheel tractor scrapers, wheel dozers, fleet management, landfill compactors, soil compactors, machinery components, autonomous ready vehicles and solutions, select work tools, and safety services and mining performance solutions. The Energy & Transportation segment offers reciprocating engines, generator sets, integrated systems and solutions, turbines and turbine-related services, remanufactured reciprocating engines and components, centrifugal gas compressors, diesel-electric locomotives and components, and other rail-related products and services for marine, oil and gas, industrial, and electric power generation sectors. The company's Financial Products segment provides operating and finance leases, installment sale contracts, working capital loans, and wholesale financing plans; and insurance and risk management products for vehicles, power generation facilities, and marine vessels. The All Other operating segment manufactures filters and fluids, undercarriage, ground engaging tools, etc. The company was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. The company was founded in 1925 and is headquartered in Deerfield, Illinois.
DEAT CAT BOUNCEHey guys,
I went back in the chart and circled what I considered to be similar situations to where we're at right now. I think over the next month, there is an extremely high chance CAT has a fakeout rally that could very well reach $225/share. That being said, I don't expect it to breach ATH's, and I expect the rally to be an incredible shorting opportunity before a potentially violent markdown phase. The agriculture sector is still relatively high up, and when you look into it, it is fresh off of distribution and primed for a markdown(made obvious in names like DE, CF, and MOO). I am currently waiting on CAT to rally, hopefully up to $220-230/share before selling my position and flipping entirely short on the stock. I expect this stock to see the low $100's well before year-end.
Disclaimer: I was previously short CAT, and am currently long CAT at $180/share in anticipation of a dead CAT bounce(ha)
CAT - Bullish Above Major Trend Line Similar chart formations can be seen along this uptrend that has formed on CAT
The similarities become closer when you look at the white rectangles highlighted
This is the period before growth begins
The green circle furthers this, pinpointing where we are in a comparable price movement
CAT
CAT closed at 222.9. I expect CAT to be able to continue it's way up to touch near 230. This is a daytrade idea, and entries are at 226 and 224.4. Above, we can see CAT touch 232-238 next. Keep an eye on DIA, if it breaks out, we can likely see CAT follow suit this week as well.
CAT To Rise In Value?Good Day To The Investing World
Pretty much the only reason that CAT will rise in price is because of the unpredicted volatility. Since the value went sharp down, there will obviously be corrections on the stock. Meanwhile, if the price drops sharp, this may always be a big buy opportunity as it will correct itself straight after, giving you quick money. Also, we can see the Zachs Rating is giving us a #1 (Strong Buy).
Fundamentals - Caterpillar earnings 1/28Caterpillar (CAT) earnings are tomorrow on 1/28 at 6:30am. Caterpillar (CAT) reported Q3 September 2021 earnings of $2.66 per share on revenue of $12.4 billion. The consensus earnings estimate was $2.26 per share on revenue of $12.6 billion. Revenue grew 25.5% on a year-over-year basis. As you can see from this Fundamental analysis, Caterpillar is at a fair price right now with its P/E around average, based on the past 7 years.
Q4 December 2021 Consensus:
EPS = $2.22
Revenue = $13.21B
Fundamentals:
P/E = 22.67
EPS = $2.62
Revenue = $12.39B
Cash = $9.99B
D/A = .46
Div/Yld = 1.997
52 week high = $246.69
52 week low = $179.34
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
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Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
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FOMO : bad timing, the market is ruthless, be shrewd
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Short CAT @ 205.53 Fractal BreakoutCAT crossed downward the last daily fractal of 202 on may 10. One day after, there is still a red zone bar, bearish divergent that provides an improved opportunity to enter.
Williams theory dictates that a Blue Light special would be entered after crossing the las lowest low, this would mean tomorrow (may 12) crossing below 203. 59 (todays low).
Im shorting today however, at 205.53. First confirmation would be crossing below 203.59 and then below 202 again.
Stop loss is price closing above the Balance Line (red). Target is whenever the trend ends, which is also signaled by price closing above the Balance Line.
$CAT with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $CAT after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
could see a big bounce off cluster support zonesCAT at a strong cluster support area! good chances that we bounce here and head to new highs later this year.
upside targets are 236.35-247.72-259.09
below 213 we can see a dump to 179 support
Cup and Handle/ Earnings 4-28 BMOAlso see a bull flag and price has broken upper trendline.
Resistance noted at buy side of cup. The other side, the sell side, is a high so it is not unusual to encounter resistance there.
There is a larger cup and handle with a break of 246.79 which is a bit above the high of this cup.
CAT has 8 earnings misses out of the last 19 reports. Some of the misses are on EPS, but majority are a miss on revenue. Guidance was not on this report I read, and can be crucial at earnings.
There has been significant insider selling in the last 3 months. Just FYI. Negative volume is high so large money is buying on down days. Cat does make agriculture equipment as part of it's business which has been a hot item since the supply lines were interrupted. Folks have to eat (o:
I plan to watch as sometimes things can get sticky in the days leading up to earnings. Long with a clear break of long entry level or possibly a fall to a strong level of support.
No recommendation
Caterpillar weakly Hello friends According to the price movement pattern We expect a 22% growth again In weekly timeframes
$CAT $CAT has an excellent 8 and 21 ema cross, which signals a nice bullish move. I also have a buy signal on the R.A.F indicator below. If $CAT can break through the blue resistance line on the chart, then it will have a nice upside move for a potential swing play.
CAT - more upsideCAT consolidated for 10 months forming a cup like pattern. There was a minor handle before we see a strong break up last Thurs on strong volume.
The odds are good that it has some room to go , though we are likely to face resistence and some consolidation @ 243. If it can clear this level, then the next targt is 260.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Cheers.
Cat ShortCondition: Ranging/trending. Overly ambitious sentiment that CAT will rebuild Ukraine.
Entry: Wait until after earnings. Test of trend, potentially an overbought daily stoch.
Stop: 0.5% above swing high from 18th Jan.
Target: 2:1 R minimum/ Early Feb consolidation/historic midline.
Downtrend noted since May 21
Current (general) preferred entry ticker conditions and entry signals are either.
a) Reversion to mean from overextension, providing there has been evident support from historical price action and/or a bullish/bearish pintail or rejection evident by an engulfing candle immediately after the supposed support/rejection.
b) Oscillators (Daily/Weekly Stoch as well as the Average Sentiment Oscillator) all providing confluence with a trend line/support level.
Maintain 2:1 RR, use retracements as much as possible. If over extended and sufficient confluence and I'm at my computer, consider a market order.
Establish confluence of support/resistance, trend, oscillators, congruent candles (pintail or engulfing reversal).
CAT Top of ChannelPretty simple one, This is sitting at the top of the channel that it has been trading in, I'm short here and will start taking profit below the 200 ema. Final target is 195.
CAT ,a gauge of economy, may retrace to 200 for a RS; TP=288CAT may be finishing the head of a head & shoulder pattern up to the 237 Resistance zone( also upper side of the green Megaphone). Then it may go down to 200 to make the RS this coming May. Measured target of this H&S will be 288 which is also 1.618 Fibo of the whole wave IV.
179.67 may already be the low of wave IV Megaphone pattern. The final wave V might be in 2023 where a BIG ABC correction may come to reset the market. (Recent yield curve inversion signals a recession within 1 or 2 years)
Not trading advice
$CAT LONG IDEA$CAT KITTY KITTY KONSTRUCTION looks great as it is approaching the top of its channel with some nice green volume. I'd look for a play to ATH following a 4hr smash through $225 level. HIGH WATCH SEND IT!!!
$CAT PT 213I think the war will slow down and agreements will be made, making this dump. Chart is for fun, just want to make record of my analysis, GG :)
CAT - 45 MThe area defined in blue was broken by the targets on the chart, the stop-closure is above the upper blue line and vice versa as well
