CAT1 trade ideas
CAT Bearish CrabProbably too late to make any plays, but I just thought this was an ideal looking crab pattern with nice bearish divergence.
CAT someone was accumulating big time todayMany sweeps firing off on CAT. Should be into trend resistance tomorrow with XLI just now bouncing off trend support. Looking like a good odds trader.
up or down?The area around $155 should decide if we go up or keep falling with the next target around $149.
Chrysalis Times? Hi guys. I don't feel comfortable making a short call here as this company is the best of the best in my humble opinion but someone has to do it. Hopefully a healthy pullback will be followed by more growth. God bless.
Post-Earnings FadeCAT jammed higher into earnings. And the results released were pretty darn good. Massive beats. Yet this is one of those times where the pre-earnings run priced in good numbers. Given the rejection after the earnings event, the stock is seeing some pretty good weakness short term. Look for retracements and start selling put spreads into them.
CAT is a little loftyI believe this needs more time to digest the move. AA earnings this week tells us one thing for sure. There is a disconnect from actual demand versus expectations. BA took it on the chin for that reason. Now expectations are huge for CAT. I for one have watched the heavy equipment for sale on craigslist and others. I've never seen so much used equipment for sale. Does that mean everyone is going new? I don't know. RSI is above 80 on this hot stock. I'd be careful to the long side for the near term.
Bull trend supported by a moving avarage indicator.in the reflected area we can see an upward trend that is supported by a moving avarage indicator, if this indicator is below the trend is bullish if its above its bearish trend.
$CAT Quarterly Chart large machinery is indirectly related to construction, big ag, and the war machines of the future.
dogs of dow dividend winner
xoxo
sn00p
