Caterpillar (CAT): NYSE:CAT For Caterpillar, we are currently dealing with Wave (3), which is soon approaching its maximum at the 461.8% level of $385. Following this, we expect to see Wave (4) and then Wave (5), marking the end of our largest cycle, which concludes in Wave I. This sets the stage for building larger positions over the long term, although this...
NYSE:CAT Has broken a previous resistance at $285 and looking to make new all time highs. From here we are going into uncharted territories but targeting $345 #Bullish NYSE:CAT will continue to be a strong performer as it is well aligned with key global trends favoring infrastructure development and economic recovery. With governments worldwide allocating...
World's largest manufacturer of construction equipment - Caterpillar(CAT), is all set to make a leap upwards of 30+% in the first half of 2024. The stock of this company has been constantly making new ATH's and displays neat waves everywhere. The move being discussed and anticipated shall be 1-2-i-ii-iii, Meaning the wave iii of 3.(you can imagine it as a...
Caterpillar Inc (CAT) has recently demonstrated significant upside potential according to the latest technical analysis. Let's delve into key points supporting this positive outlook: Recent Developments: On October 31, 2023, CAT's stock price touched a critical support area at $228.37, marking its lowest level since June 2023. The significance of this level is...
Analyzing the options chain and the chart patterns of CAT Caterpillar prior to the earnings report this week, I would consider purchasing the 237.5usd strike price Puts with an expiration date of 2023-11-3, for a premium of approximately $6.20. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
Hello There! Welcome to my new analysis about CAT Stock Price Action Analysis on the Weekly Timeframe Perspectives. The CAT Price Action recently showed up with a highly important dynamic and in this case a major formation has been formed that caught my attention. The CAT earnings through the recent quarters look pretty damn solid and the equity-to-debt ratio...
The Caterpillar share price has been experiencing ups and downs lately and has not quite been able to approach the resistance at $293.88. However, we anticipate that this breakthrough is imminent. With the low placed at the end of August, the price is currently in the turquoise wave 5, which should reach the green target zone between $325.21 and 358.93 and...
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
we can learn easier by identifying the chart of the stock
Analyzing 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...
www.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...
I 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.
Wedge 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.
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...
imho CAT is the best benchmark stock to track cycle throughs ahead. In line with my view of a nearest major bottom sometime in Oct-Nov 2023. Upside should be expected until 2026-2027. Next major bottom is in 2030-2031.
CAT is now bottoming for a SALE just in time for seasonal construction and agricultural upticks. The long view is a long uptrend that started in September and ended with a lousy earnings report in early February. The beatdown is now ending perhaps for fundamental reasons including CAT has cash and down not need high-interest rate costs. See the chart for...
Caterpillar is on the verge of triggering a bearish topping formation. This stock has been a powerhouse during the rising rate environment. if this market leader breaks down its signaling weakness in the economy and likely the industrial sector.