Friday, October 16, 2009

CAT - buy the break or the dip / comprar la ruptura o el pullback



Look at this chart of CAT...the trade is to buy the breakout above 54.80...if the stock should pullback without breaking out look for the support level of 49.00 as area of support to buy. Target is 60.00 on the breakout higher.


Mira este grafico de CAT...la operacion es de comprar por encima de los 54.80 que es la ruptura alcista...si la accion no puede hacer ruptura y si gira a la baja se espera en la zona de soporte de lso 49.00 para comprar el soporte. Objetivo despues de ruptura de los 54.80 es de 60.00.

Posted by Alpha Lobo Trading at 3:13 PM

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