Cat Stock Chart
By Brett Goldstein on Apr 20, 2008
This chart looks fairly decent. After almost a year we are testing a new high. The chart is telling me that we are going higher. We may retrace down to $80 before heading back up. I am taking a small position now and reloading if we get to $80
This entry was posted on Sunday, April 20th, 2008 at 3:21 pm and is filed under Annotated Analysis.
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3 Responses to “Cat Stock Chart”
By E K on April 23rd, 2008 at 4:05 pm
Blow-out numbers for TEX! Much more upside left in that stock then in CAT.
By darius_lily on April 30th, 2008 at 11:20 am
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I think a better play is Terex (TEX). It looks like it finally broke through resistance last Friday and has more room to the upside. Not to mention that its fundy’s are very strong and the insders were buying up stock like crazy a while ago.