CAT trade ideas
CAT in Trouble? 2 Scenarios for the future~Everything shows on the chart, support CAT.
Triangle is telling can to reload for the next move.
Hooray
CAT breaking through supportI think if this trade works it's more of a 3R trade rather than 2R's. It has room to travel farther down than the target. Stop set at the EMA's.
CAT BounceCAT has reached the bottom of its trend and is overextended on its Bollinger band and stochastics. It has formed two doji's back to back days at bottom of channel. I'm looking for a quick bounce back up to $135 for profit 3-4%. Using option call play.
$CAT Caterpillar was already looking vulnerable before today.Since or last look at Caterpillar in April, things have not improved much, the chart and price action continues to lack momentum in a bull market. Price indicators continue to point towards a bearish move, which is happening today, currently the price is below the 200ma in pre-market. Keep the $128 price level on your watchlist, a break below is a short signal to us.
Our April 24th Analysis
Caterpillar is really flattering in what has been a very bullish market, that alone creates a bearish sentiment in the name. We see nothing positive in the chart with considerable downside likely. We see $133 as critical support if that breaks next stop is $129 and possibly $120. News from the China trade talks could odd course send the stock on a bull run higher so trade with caution.
CAT looking bullish If TA can tell the future, it looks like CAT's earnings report will be well received. Broke a Flat top triangle and looks like it is testing the break-out. Bullish for me.
$cat The big CAT has lost its bite. BearishCaterpillar is really flattering in what has been a very bullish market, that alone creates a bearish sentiment in the name. We see nothing positive in the chart with considerable downside likely. We see $133 as critical support if that breaks next stop is $129 and possibly $120. News from the China trade talks could odd course send the stock on a bull run higher so trade with caution.
Caterpillar, Inc (CAT)(NYSE) Sell $141.65 >>> Target $139.35NYSE:CAT
Caterpillar, Inc
Stock - NYSE (USA)
Profit:Risk = 1.6:1
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Sell = $141.65
Take Profit = $139.35
Stop Loss = $143.19
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Take Profit = +1.62%
Stop Loss = -1.09%
Caterpillar's crisis indicatorDespite the fact that many people managed to record much more profits than they did before, the year 2018 appeared to be the worst of the global market since the financial crisis. The substantial decrease in stock prices was the result of unresolved economic problems and prevailing insecurities amongst market players.
News on Caterpillar’s slowing sales just pour more oil on the flame. Economists including those at the International Monetary Fund have been paring their 2019 estimates, and investors will get a better idea of just how much global growth is likely to slow when the company reports quarterly results on Wednesday. Sales and earnings at Caterpillar may show signs of moderating as China’s expansion ebbs and trade uncertainties damp demand, according to Bloomberg Intelligence’s Karen Ubelhart.
cat ascending wedge, divergence with macdascending pennant or wedge. macd shows slight divergence. timing ok considering global slowdown..
i wont short cat, but may offer better price soon.
Long Cat It is trying to break the channel , long consolidation and china news has helped it bounce. ER should guide upwards.
$CAT they big "CAT" is on the way back.Cat is trying hard to get out the range its has been stuck in for 6 months, will be one of the main benefactors if trade talks develop, on the negative side the strong dollar is making its equipment extremely expensive for foreign buyers. We are long and will consider adding if we can clear $142 on good volume .
CAT - pullback has a chance to become more complexAs far as the current movement goes, it is resembling a flat structure, with the wave C of it taking the form of an expanding diagonal.
If this is the case, then I assume the current three-wave correction to be the wave X in a WXY
It will take time before the stock will be charged to resume its growth
IMHO
CAT: bearish fractalThe stock has been moving in a relatively long correction since November when the bearish impulse ended. Now, it seems the correction has come to an end as the price has formed a bearish fractal below the Alligator indicator with AO below the zero line. If we break the latest fractal, it would be an optimal level to go short using levels marked on the chart.
bearish butterflyGreat setup here w/ a textbook bearish butterfly that has already shown reversal signs at EXACTLY the 1.41 XA which also happens to be its nov 30 top. Should get a crack at a good entry here on a fool's gap up Monday morning.
Looking for quick flip at PT1 but if it breaks channel support or market falls apart will definitely hold on to some for PT2. SL is the recent high at 142.55.
