Kitty ideaI think it will pull back short term. Heikin ashi candles looking like a pullback could happen
CAT trade ideas
Caterpillar (CAT) is flashing sell on this chart, Thoughts?Based on the closing price for the past 3 days, CAT is lighting up my trading indicators like a Christmas Tree--a red Christmas tree. The RSI algorithm fired the first sell signal. 5 algorithms agreed it was time to sell based on Friday's close which means this coming week could get more nasty than the market was last week.
I have plotted all of the potential delays to the actual sell off followed by the potential target bottoms. All of these targets and days are based off of historical median and average price action when each signal triggers a SELL on the Daily chart. I received many major SELLs on Friday which is quite the confluence of future activities. I selected NOK, CAT, and AXP as there was a large amount of agreement across the timeframes. Last week was rough and preceded by a bearish MACD cross on the S&P 500 index. All of these signals taken together could spell a 20% correction in the near future.
The historical figures and reasons for each target are posted as always on my website in the signature block. Feel free to follow as we post new articles nearly everyday.
The Year of the Cat - Go Long CaterpillarHas has good relative strength during the recent market volatility. Check out the trendiness by looking at the tight price pattern following the turning line. The price is above a rising cloud pattern. Stay with it until the price falls below the Cloud. The Choppiness indicator is currently showing a strong trend, confirmed by the ADX/DMI. Look for the Year of the Cat.
CAT bullish flag rangeAs long as we are in this range CAT will continue its bullish accumulation and could go as far down as testing 100.
There is strong support there which gave us a great impulse up. There are many situations this can create right now.
Short pressure holds at 150...a clear expanding flat setup could be at play or bullish buttery extending
The long term move is UP...lots will be waiting for that breakout of this range! But where will it be??? will we tap 100 first before trying 200?? Ya I think so... we got close but not close enough!
manufacturing in the USA is ramping up. I would assume profits will come to CAT from many sources over the next 10 years.
The Caterpillar That Became a Butterfly.We got a bearish Butterfly on Caterpillar looking like it's ready to come down we could enter now or wait for some bearish divergence either way I'd avoid longing from here and only consider short positions.
Caterpillar LT (January 29th 2021)Caterpillar (CAT) (January 29th 2021 through 2022)
Low: $126
High: $378
Longer term idea based on some attempted Elliott wave stuff. Could be very wrong but just speculating here.
Shorter term zoom in related idea below:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Caterpillar MT (January 29th 2021)Caterpillar (CAT) (January 29th 2021 through August 2021)
Low: $126-$131
High: $204-$226
Taking a look at this for Cindicator, here's a medium term length path I think could happen if there really is an elliott wave in the price action since March 2020.
I believe the earnings announcement could come out positive but I'm not sold on that. I expect a positive guidance and a slim chance to outperform the $1.49 expectations, but maybe not by much if it does.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
CAT pullback to 20maCAT - expecting pullback to 20ma next week.
My trade is a 185/180/175 put butterfly + I sold a 200/205 vertical call spread to pay for it. Net paid is a .04 cent credit. So as long as it stays below 200 next week should be okay.
CAT - bullish falling wedge - looking like a cocoon $CAT #tradeidea
+ Infrastructure stimulus bill is coming as Biden Administration comes in 2021
+ Democrats got the blue wave
+ bullish falling wedge
+ more announcement of the infra plan and bills are yet to come
+ $CAT and $X among the main beneficiary
- this name has been running up recently and RSI is hot
👀🚨SUNDAY OPTIONS WATCHLIST 1/10/21🚨👀CAT - This one looking very strong with a big volume day pushing it even higher out of big overall uptrend. Tested support outside on Friday and held strong. If this continues to hold outside Monday, I will look to enter a 200 C that will cover earnings (1/29) with a PT of 200-205.
$CATCaterpillar Inc. (NYSE:CAT) has been in a large bullish consolidation over the last five week and appears ready for another breakout. Keep on watch.
CAT over 183.33Consolidating for over a month can lead to a big move over, fib extension levels above.
CAT stock - 5% to next 'teke profit' pointNYSE:CAT
Cat make great move in the tunnel and broke the upper line
after that it continied uptrend without the tunnel limits.
the next take profit is in 5% up, witch mean I dont exept someone sell their stocks.
if passing more than 5 % you can incrise the investment.
if start fall after 5% sell around 4% profit.
Of course I do not responsible your risk management, IT all happen at your own risk.
good luck
X5Possibly bearish..
Just keep an eye on it is all..
short entry under 172.33..
I did several fib levels but this pattern can go lower/not to danger level yet for those who are long..
Just an observation and by no means a recommendation
CAT SHORT ENTRYCAT BEARISH SHARK HARMONIC. Already has a serious bear div on MACD 1-3 Day chart. Went on a great run but its time to short.
Caterpillar loosing momentumCaterpillar had a great Santa rally but is loosing momentum and is up for a reversal
CAT loosing strength? Potential Short PositionSo CAT has been has been consolidating between this 174.50 (resistance) and 170 (support) area. It has tested the resistance multiple times and failed now seems to be loosing strength to keep testing the resistance.
Ill be looking to see if CAT begins to form a down trend in the upcoming days and starts to test the 170 level support. I think its important to note that it dropped below 170 on Nov 20 but rebounded, but it also again failed at the resistance. In my opinion, the more it fails at the resistance, the over all bullish strength is beginning to wane.
Ultimately, from a technical stand point it seems CAT is starting to loose energy and may fall off. Will be watching the 170 level closely and looking for signs of a down trend as it begins to break out of the up trend (dotted red line).
2020 Actual Trade: CAT +19% profits- 3 months bottom base (March-May)
- 2.5 months preparation for uptrend (May-July)
- 140 was the key line we watched.
- 08/10 broke out 140 so got it CAT at 142.12
- Little pullback into negative area below the purchase but the base offered support
- After that all the way to finish line 11/12 with a gap up for +19% profits
