Caterpillarשורט
CAT: Sell Signals, Part 2, Bearish Alt Pattern Completed
This is part two for CAT. In part one we highlighted a five wave (and a-b-c corrective wave) harmonic pattern.
In the above chart I am showing you a completed bearish Alt Bat pattern.
Both parts one and two are in the same time horizon. I am trying to illustrate different ways of constructing harmonic patterns.
Elliott waves can be of short, intermediate, and longer range time durations.
The point I am trying to make is there are many negative indicators currently in effect for CAT. In my opinion, this stock is heading lower.
I would like to close with a quote from Mark Twain:
“If you don't read the newspaper, you're uninformed. If you read the newspaper, you're mis-informed.”
I hope this has been entertaining, helpful, and informative. I hope all of your trades go well. Don.
In the above chart I am showing you a completed bearish Alt Bat pattern.
Both parts one and two are in the same time horizon. I am trying to illustrate different ways of constructing harmonic patterns.
Elliott waves can be of short, intermediate, and longer range time durations.
The point I am trying to make is there are many negative indicators currently in effect for CAT. In my opinion, this stock is heading lower.
I would like to close with a quote from Mark Twain:
“If you don't read the newspaper, you're uninformed. If you read the newspaper, you're mis-informed.”
I hope this has been entertaining, helpful, and informative. I hope all of your trades go well. Don.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.