Caterpillar Inc. (NYSE) Analysis, Chart, and Trading Idea
#CAT
The trend is ascending. The downtrend truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation of the upward wave structure;
Stop-loss: 211.50;
Target …