snour

CAT, Caterpillar, to re-test support 220, then back to 250

Short
snour Updated   
NYSE:CAT   Caterpillar
CAT (Caterpillar),
On the daily chart, the technical indicators show a high probability for the stock to test the support level 220. Then the stock will rebound to 250, and target 265.

Short-term stop loss to be considered at 200
Comment:
First target 250 was done.. :)
Trade closed: target reached

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