Caterpillar A pause in the Uptrend?

14 mar 2017

Although the company is facing a Class Action Lawsuit for not complying with either U.S. tax law or U.S. financial reporting rules, with the intention of maintaining a higher share price. The stocks looks appealing from a chart point of view as the recent dip to 90.60$ seems corrective, in the newly established up trend that dates back to March 2016. The ultimate target is 98.90$, but we need o clear the 92.30$ level first. A close below 89.50$ will invalidate the scenario.

25 apr 2017

Trade chiuso: obiettivo raggiunto