TRADING TIPS

CAT – New Short if it Breaks This

Hubert Senters here. Let’s take a look at Caterpillar. Stock symbol CAT. Qualifies as a decent looking short. It is below the cloud. It then closed back above the turning line and it looks like today it’s going to close back below the turning line which is what you want to see on an upward move and a failure and then closed back below the number. Let me give you the number. There’s going to be $137.27 if it closes below that then it would make a pretty good short in my opinion. Everything else looks pretty good now. So if you do that the stop would be around $139.33, $139.57. Your initial target would be this most recent low at $132.95. That is Caterpillar potential short with a stop and a target. I’ve been asked to be a special guest speakers at the Wealth365 event which takes place next week July 16th to July 21st. I think I’m speaking to either Monday or Tuesday that I know that. I just don’t know which day. Click the register for free button here and this will register for you. The headline keynote speakers will be Kevin Harrington. He’s one of our masterminds and it’s going to be a big event. 80 plus speakers over six days 10 topics and over $200,000 and free prizes given away to the attendees. So CLICK REGISTER FOR FREE and that will take care of you. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.  

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