Caterpillar, Inc.

CAT multiple signals of a big move up

214
CAT has multiple signals aligning for a big move up.
  • Bounce off the longterm upwards trendline
  • Big increases in volume at the end of the recent downtrend, indicating a big transition of shares as bears exit and bulls take over
  • Recent cross-over the 20 period SMA
  • A higher low was just put in, offering a very tight stop for a large leveraged play
  • MACD crossover confirmation


The beauty of this play is we're only 2 bars from where the trendline continuation bounce put in a new higher low.
This means we can size up on this play with a natural technical stop very close behind

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.