CAT Forecast Options Playlong call buy call stock options for 205 strike which lines up with BOS if prices pushes past the minor resistance
CAT trade ideas
$CAT downside to 186, 173, 150CAT has slowly been unwinding with lots of volume on every move to the downside while seeing lower relative volume of buyers bidding up the price.
I'm looking for CAT to make one more swing up to look for any buyers near 208 and 217 areas. If we get a rush of volume to support the move then we should the continued trend to the upside of the pitchfork.
Downside:
I've left my fib levels to watch for areas of rejection. I'll also be taking a look at volume and strength of buying vs selling to look for weakness to the downside.
Should we lose the pitchfork median we will easily go to 150 by summertime (or even after earnings).
There are some headwinds away with the build back better plan possibly being killed, issues with supply and manufacturing in China, etc.
CATConfirmed a double bottom reversal pattern with retest at the neckline. Expected a move to the upside.
$CAT | WEEKLY WATCHLIST 1/18Room to $235 above to complete wave 3 if we can clear the resistance TL.
CAT (D) Bearish Butterfly Investment information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy service is offered individually, taking into account the risk and return preferences of individuals. The content, comments and recommendations contained herein are in no way guiding, but are of a general nature. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations. Burada yer alan yatırım bilgi, yorum ve tavsiyeleri yatırım danışmanlığı kapsamında değildir. Yatırım danışmanlığı hizmeti, bireylerin risk ve getiri tercihleri dikkate alınarak bireysel olarak sunulmaktadır. Burada yer alan içerik, yorum ve tavsiyeler hiçbir şekilde yol gösterici olmayıp genel niteliktedir. Bu öneriler finansal durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle, sadece burada yer alan bilgilere dayanarak bir yatırım kararı vermek, beklentilerinizi karşılayan sonuçlar vermeyebilir.
Inverse Head and Shoulders Earning 1-28 Before market open.
Recently overbought with RSI set on 80 but is No longer overbought on daily, weekly or monthly RSI.
With the volatility of the market as of late, possible stop below upper trendline of triangle looks safest if you plan to hang and under the neckline if you are being more cautious. The ATR is 4.62. You can also multiply the ATR x 2 and subtract that from price and place a stop there. It does seem to me that price often pulls back some before earnings, but not always.
Average true range (ATR) is a volatility indicator that shows how much an asset moves, on average, during a given time frame. The indicator can help day traders confirm when they might want to initiate a trade, and it can be used to determine the placement of a stop-loss order.
No recommendation. Long entry level can be paramount. The red candle yesterday tested the neckline for support. I meant to circle it but forgot and you can't go back Bob (o:
Good judgement often comes from experience and experience can come from the mistakes we make (o:
CAT looks like it don't have power to go higher. Hi everyone, Yurii Domaranskyi here. Let's take a look at the chart:
1. Horizontal Price levels are working good
2. globally downtrend, locally uptrend
3. the price level confirmed by a touch
4. that was a near test, but we see week close under the level
5. approached the level sharply
6. the move was with no rollbacks
7. no accumulation
8. no rollback
9. we see that 1 bar closed above the level and 2nd opened above and closed below
10. level of a rollback
11. enough room for a move with r/r 1 to 5.1
12. no model of ascending lows
13. no news in the last 10 days
14. the price came from above, and we see that it can't go higher
15. we have enough room for a move
16. the report on January 27
Potential risk/reward ratio = 1 to 5.1 meaning that potential risk 100$ with the possibility to make 510$
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Expecting a 9% drop from CATCAT is seemingly confirming the double top I posted on last week. Expecting a drop back to $200 in the coming weeks.
Not financial advice
RSI overbought With the RSI of a little over 70 entering the overbought zone and rejecting resistance from November at ~223, it will be interesting to see how CAT plays out. The rejection also forms a double top pattern which is a bearish sign.
A short position is valid considering the points above. Due to current market rotation, the industrial sector is hot and I believe this is the main factor behind the current price levels.
A retest of 210 area is ideal before continuation.
CAT potential double topSeeing CAT at a potential double top. Bough puts for this Friday looking for some bad news from FOMC meeting minutes at 2pm. If correct, I'm short to 163 which would fill a gap from early Nov. A break above 225 would nullify this setup.
Not financial advice
CAT LongTrendline Break
At Support Zone
Entry 204
Stop 185
Target 245
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
CATBullish weekly set up - $CAT
A weekly close this week above $218.57 would be the highest since June of last year. Additionally, momentum indicators have been ticking up.
Falling Wedge- Bullish - UpdateNice falling wedge on CAT here along with some slight bullish divergence on the RSI. Will be watching CAT closely here for a breakout from this wedge (Broader Market Conditions Permitting). Definitely worth noting that CAT is a relatively slow mover so likely will be a longer-term play. Bullish- just some support and resistance levels and some RSI-based supply and demand zones to keep an eye on in the meantime. -Previous Charts are attached below-
- Falling Wedge
- EMA's converging & starting to curl upwards
- Bollinger Bands starting to squeeze (Not Pictured)
- Slight Bullish Divergence on the RSI (Not Pictured)
- MACD Golden Cross
- Buyer volume picking up to seller volume
PT1- $207.79
PT2- $208.61
PT3- $210.79
PT4- $211.34
--Previously Charted--
Cat Trade Opportunity Very nice W pattern and consolidation at the down trend. I am going to wait until the consolidation breaks to the upside to get some calls. i am only going to play calls because of the W pattern.
Short CAT Cat reached the 3.618 TBFE back in June and then subsequently fell below the ascending channel in August. With no BBB legislation being passed and most industrial and grocery stocks trading similarly to tech stocks, it is fair to assume that companies like CAT, HD, LOW, and COST will each have great shorting opportunities in the next few weeks. As CAT has settled within a wedge, the likelihood that this stock falls further to the downside is good. First target is 184 and second target is 166.
Not financial advice
Happy New Year
Buy $CAT - NRPicks 17 SetCaterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives worldwide. Its construction segment offers asphalt pavers, compactors and utility vehicles, among others.
Revenue TTM 45.8B
Net Income TTM 4.3B
EBITDA TTM 8.6B
EBITDA Margin TTM 18.9%
P/S 2.43
Dividend yield 2.1%
CATERPILAR are we going down?for discussion only. Current market sentiment seems bearish. Wouldn't be surprise if this H&S falls thru. What's your view
$CAT bullish shark$CAT bullish shark formation riding the coattails of the "infrastructure bill" that passed the house last week. Short term ultra bull with 11/26 $207.5 calls
$CAT nice week so far...This is still an infrastructure bill play, with some positive news and solid market we could get a nice run to year end.
Long CAT @ 202.29 Daily stoch pulling back so far holding 50 day MA higher lows. Vol more buying selling
Weekly stoch looks great
1st target 200 day ma 215.
Caterpillar-CAT SHORTEntry will be at 208 with a stop at 212 target 197. Price needs to arrive strongly to supply zone for a short. Long put options will be used.
$CAT is moving! Macro analysis + technical with boxes.Hi everyone,
On Saturday US government finally agreed to pass a huge $1 trillion infrastructure bill.
What does that mean?
Utilities, communication, transport and industrial companies will receive subsidiaries for expansion.
So why NYSE:CAT ?
The biggest construction equipment manufacturer in the world. They will benefit indirectly as companies buy/lease their machines/services for infrastructure construction.
Now the chart.
NYSE:CAT is already up almost 5% in premarket after the Saturday news.
It has broken out of the box at 208 and now gapped up deirectly to the next minor resistence level at 216 .
I expect the stock to temporarily trade in a small box before the surge to 223 level.
Long NYSE:CAT :)
Let me know what you think.
What other stocks are going up on this news in your opinion?
Trade wisely and good luck!
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Disclaimer!!!
This is not financial advise.
