Caterpillar, Inc.
Largo

Fantastic Swing Setup(BULLISH)

128
Cat has hit its Fibonacci Support and bounced off of it significantly allowing for the potential to get in on the up-move. We've recently seen the Williams %R signal a buy target and then increase allowing for a greater amount of bullish sentiment to be surrounding this play. The squeeze indicator on the Daily also displays that of a potential bullish squeeze to be coming. My price target is 130, but believe it will go higher in the long run.

Bullish Signals
-Williams %R
-Squeeze
-Fibonacci Support

Price Targets
-1st 230
-2nd 247

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