CAT has multiple signals aligning for a big move up.
The beauty of this play is we're only 2 bars from where the trendline continuation bounce put in a new higher low.
This means we can size up on this play with a natural technical stop very close behind
- Bounce off the longterm upwards trendline
- Big increases in volume at the end of the recent downtrend, indicating a big transition of shares as bears exit and bulls take over
- Recent cross-over the 20 period SMA
- A higher low was just put in, offering a very tight stop for a large leveraged play
- MACD crossover confirmation
The beauty of this play is we're only 2 bars from where the trendline continuation bounce put in a new higher low.
This means we can size up on this play with a natural technical stop very close behind
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
