jdharward

CAT - Little more upside then short

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NYSE:CAT   Caterpillar
CAT looks like we could see the price climb slightly more to $141 before reversing or surging higher.

Buying a straddle here could be a good move.

Charting patterns and Gann suggest bearish but indicators suggest positive. This divergence usually means short term bullish followed by bearish reversal.

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