Bought 15% CAT @ $130.50 Stop @ $124.98 Target @ $147.95 CAT is never a glamorous trade, but it’s making a solid move above the 200-DMA this morning, with rising short-term moving averages below it. Stop is below last week’s low, while the target is up near the highs. Expect some resistance at $140 level where we’ll keep a close eye on it.
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