CAT a dow stock had a large correction near the parabolic line support, alot of support going back to 2014 at e $118, best entry would be at $129 on the parabolic support line however all the FUD that has come from TRUMP and trade war fake news has already shown its effect and held up well around the $130 support line.Recommended LONG at current price of $135 and dollar cost average in onto the lows of $120, if major support lines get tested and break at $119 sell, good place to place your stop losses.
I dont own any
CAT atm but entering position for a LONG TERM hold here at these levels dollar cost averaging down to the $120 supports.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.