pool adsStock Traders Daily Starts Caterpillar Inc. (NYSE:CAT) With a Sell
Stock Traders Daily has initiated a sell recommendation for Caterpillar Inc. (NYSE:CAT). Low growth and high relative multiples make valuation stretched, and resistance is being tested. Target longer term support levels if resistance holds. Note that these targets update periodically and should be monitored for changes over time.
Support and Resistance Plot Chart for
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Factset: Request User/Pass
Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial
Fundamental Charts for :
