Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Thursday, December 28, 2017

CAT Still Ripping Higher

Caterpillar has been a rocket the past few months and continues to gain steam.  



click on image to enlarge



Investors might want to keep a close eye on CAT if they're long as it's nearly running vertical and at some point will likely turn sideways and consolidate into its red channel which it needs to do in order to justify its continuing move higher without looking overbought.


Trade well my friends

Alan





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