jacobosiason7

Falling Wedge- Bullish - Update

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jacobosiason7 Atualizado   
NYSE:CAT   Caterpillar
Nice falling wedge on CAT here along with some slight bullish divergence on the RSI. Will be watching CAT closely here for a breakout from this wedge (Broader Market Conditions Permitting). Definitely worth noting that CAT is a relatively slow mover so likely will be a longer-term play. Bullish- just some support and resistance levels and some RSI-based supply and demand zones to keep an eye on in the meantime. -Previous Charts are attached below-

- Falling Wedge
- EMA's converging & starting to curl upwards
- Bollinger Bands starting to squeeze (Not Pictured)
- Slight Bullish Divergence on the RSI (Not Pictured)
- MACD Golden Cross
- Buyer volume picking up to seller volume

PT1- $207.79
PT2- $208.61
PT3- $210.79
PT4- $211.34

--Previously Charted--
Comentário:
PT1 Reached ✅
Trade fechado manualmente:
All Price Targets Reached ✅

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