CAT trade ideas
CAT Caterpillar Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CAT Caterpillar prior to the earnings report this week,
I would consider purchasing the 260usd strike price Puts with
an expiration date of 2023-8-4,
for a premium of approximately $5.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Beneficiaries of US-CHINA trade agreementwww.scmp.com
When US gets ready its stockpile of soybeans to export to China after the agreement is signed, they will need big tractors and agricultural equipment to assist in its export.
Caterpillar , the household name of US tractors would be one of the beneficiary of this US-China trade deal.
Is it a coincidence that the bearish trend line of this company has just ended recently on 29 Oct and prices are now slightly moving sideway before picking up steam and effort to charge higher ?
I would be initiating a buy position at 141.05 with a profit target of 172.
CatHit ATH last week (Unbelievable); Was it Build back better ?
Looking for a pullback minimum to its 21ema or 252, from there we'll see
CAT July 2023 iH&S hindsight analysisCAT made this beautiful iH&S and we are approaching the measured move that also just happens to be the Jan 2023 high. No trade at this time, but pretty enough (I love horizontal necklines the most) I just *had* to post it!
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Bearish Pennant Forming?A bearish pennant may be forming on the CAT 15 minute chart. It has been trading within a channel and the pattern began to form at close of 6/26. CAT has a support at 233 that it bounced off it recently.
$CAT in the premium zoneNYSE:CAT is in its premium zone. a retracement to 230s expected if getting rejected from Premium zone
CAT appears to be starting to digCAT as a blue-chip industrial is not a fast mover- it is best suited for options traders or investors.
On the 4 H chart, CAT rose from the lows on a trend up from last November through this
February. It then descended in a retracement about a 50% Fibonacci extent to its present value.
It is now at the POC line of the volume profile for support and is near to the mean anchored
VWAP line. RSI is above 50. I see this as an excellent long trade setup given that other sectors
may be cooling off there may be plenty of money looking for a new home. The volume indicator
shows steadily rising volumes. The stop loss is the line of one standard deviation below the
the mean VWAP while the target is the even dollar immediately below the ceiling of the
supply / resistance zone of the Luxalgo indicator. This seems to be a reasonable position to
diversify from techonolgy which seems to be a bit overextended.
CAT: Sell ideaOn CAT as you see on the chart we have the breakout of vwap indicator and also the breakout of the support so it's mean that we will have a big probability to have a downtrend.Thanks!
$CAT with a neutral outlook following its earnings #StocksThe PEAD projected a neutral outlook for NYSE:CAT after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
CAT idea long wedge vs breakdownI just posted a CAT long idea. (check my profile for context on that)
I mentioned a breakdown but didn't draw it out so decided to make another post (this one).
I'm looking out for both options.
CAT has strong fundamentals and i can't imagine it getting absolutely wrecked, even in worsening economic conditions.
CAT idea long wedgeWedge formed, looking for some retest of previous levels.
Especially if overall market strength continues to go as it has currently been going.
If it breaks down, I don't see CAT going much lower.
CAT - Descending Wedge BreakoutA large descending wedge or megaphone has been broken out of.
I expect sideways but partial bullish results as shown by the bars pattern in green.
Strongest trend line is the thick green line, price may retest this line.
Channel is speculation.
CATThis doesn't look good on any time frame really imo. Monthly could be double topping at 1.618 extension. Daily just had its lowest close since the earnings gap up last October. If this is a double top, I expect this to eventually hit sub $140.
CAT: Buy ideaBuy idea on CAT as you see on the chart after the breakout of the vwap and the resistance.Thanks!
Caterpillar: At site 🚧Caterpillar is at site, working on wave (2) in magenta, which should lead further downwards into the magenta-colored zone between $198.40 and $171.37. From there, the share should turn upwards again, climbing above the resistance at $266.04. However, there is a 34% chance that Caterpillar could slip through the magenta-colored zone and drop below the support at $160.02. In that case, we would expect the share to develop a new low in the form of wave alt.2 in green first before heading upwards again.
CAT Long4 hrs chart showed high volume. which might help the price move up .
lets see what will happen
CAT BUYNYSE:CAT is in a range and has reacted aggressively from the bottom of the range.
Buyers got in with volume and with power. We also have a good spot for our SL and a decet 2.33R/R
CAT: Buy idea Buy idea on CAT at the second green candle as you see on the chart because we have the breakout of vwap.Thanks!
CAT is a BUY +++CAT has bounced nicely off support of $215 ish 6 times and the moving averages are crossing upward. I would expect some buying support in coming days with new moon phase. CAT resistance $234 which it hit this morning, cloud resistance around $245 and overhead resistance of $247, if it breaks above all these we have a 52 week high to break through of $266
