CAT trade ideas
CAT zonelet´s see what the 141-143 USD area is going to bring.
end of the correction or a new leg up
R.I.P CAT40%-60%+ downside for CAT. 5-wave cycle is over and a deep correction is incoming. For emphasis, the max possible retrace is 100% of the wave 5 move or $2.55 (statistically unlikely but possible non the less).
I labeled the key levels for a bottom for whomever wants them, however, I have no buy target for CAT... I do not want to own this.
The 365DSMA seems to have caught every bottom thus far, so if I had to enter long, I would enter @ the 365DSMA.
Stay tuned... analyst's most bullish sector, with just 4 moderate sell ratings, is about to crash. Chart to come tonight.
Massive opportunity in the markets right now to the up and downside and if you're on the wrong side, you're going to get hammered. Protect yourself.
Best of luck.
Caterpillar NYSE: CAT LONG ENTRY SWING TRADE I entered this trade two days ago 1-16 at 131. 50. My target is 152 and stop 126. Good Risk/Reward trade.
CAT stock dead until June 2020For all the CAT fans out there... the daily model picked Jan 2016, and now the next daily model picks June 2020 (eue.tu,ub) for next optimal buy point.
brschultz
CAT - trade setupHere is my plan.. CAT looks like a gap down today, but I'm looking to get in after it breaks the 126 level. For me that is were it really it traps some people and less likely of a bounce. I have 2 targets and longer term swing trade target. This is the weekly chart that I am using.
CAT approaching resistance, potential drop! CAT is approaching our first resistance at 141.46 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 132.10 (38.2% Fibonacci retracement).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
Short CATWolfe wave hitting resistance and trend line. Decreasing volatility as it approaches. Fractal flow (RSI 4) showing divergence with last bar. Short beneath last 130 min bar. If you plasy options buy the monthly Febds. Plenty of open interest and very small spread.
TP price along descending line from point 1.
SL just 0.005% above yesterday's high. Purchase
Bullish Case CAT Long or calls 4-3 WeeksCat, was one of the best performers in the past, and even they are raising forecast, every single Quarter, and yet this stocks has been sold of because of china trade history, honestly i think that this stocks is clearly oversold, and cheap, and what i see right now is that this stock is heavy shorted, and could cause a short squeeze also hourly chart is telling me that broke down trend medium term, so i bougt calls ITM $130 that expire in dic 21 3 weeks, from now, honestly if there is even hope that this trade issue could resolve this stock is going to hit $140-145 by that period, so maybe is time to take some risk and go! If you are long the stock maybe stock loss at $130 GL to everyone!
CAT Distribution Trading Range About to Enter MarkdownCAT appears to be in testing its Last Point of Supply (LPSY) as it continues to fail to rally back inside the Trading Range. This Trading Range is particularly nice as it also illustrates the failure of its market to maintain support of the "ICE" (in our case the "ICE" is perfectly displayed by the 200 EMA). I grabbed a short on the last test of the 50 EMA and I'm now waiting markdown to take profit on my short.
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