CAT: Ascending Triangle, Not confirmed (38,39%)(9/1000)

(9/1000)
Ascending Triangle for Caterpillar.
Not Confirmed yet.

Pros:
1- Bullish Ascending triangle
2- Descending volume during formation
3- PPS above 50MA and 200MA
4- R/R ratio above 5
5- 250RSI above 50 and climbing
6- 50MA above 200MA
7- 50MA and 200MA ascending.
8- RS above 0

Cons:

1- ATR is descending, less volatile
2- Triangle not confirmed yet

Target price is 364.95$.

Again, stay humble, have fun, make money!

MAAX!

Zlecenie aktywne:

Broken resistance with volume. Lime it should.