Down almost 4% today, if you're looking to buy into CAT then now is the time. The chart of CAT is showing a big likelihood of rising around 10% - 15% on Monday after reaching the bottom of the channel.
It can even be seen in the Stochastic (bottom) that the chart is moving into the oversold area before a reversal (as seen previously). On top of this the past three days have played a perfect three-line strike candlestick pattern. If you are waiting for a sign to buy, this is it.
IMO DYOR
Perfect Re-entry Technical
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Last
$2.03 |
Change
0.000(0.00%) |
Mkt cap ! $530.9M | |||
| Open | High | Low | Value | Volume |
| $2.04 | $2.08 | $2.02 | $386.0K | 188.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6594 | $2.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 23794 | 2 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| CAT (ASX) Chart |