2020 Actual Trade: CAT +19% Profits

November 16, 2020, 10:59 pm EST

2020 Actual Trade: CAT +19% Profits

As mentioned in our August 10 article : Stock Picks: Dig Deeper Caterpillar (CAT), CAT met our criteria in both market timing and fundamental perspective. Here are some highlights of the trading process: 

  • 3 months bottom base (March-May)
  • 2.5 months preparation for uptrend (May-July)
  • 140 was the key line we watched. 
  • 08/10 broke out 140 so got it CAT at 142.12
  • Little pullback into negative area below the purchase but the base offered support
  • After that all the way to finish line 11/12 with a gap up for +19% profits
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