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Caterpillar Inc.Quick CAT Bounce

Aug. 08, 2014 9:45 AM ETCAT
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Caterpillar Inc. (NYSE:CAT) Faded all day yesterday after an early morning gap up. Traders can look to the $101.50 area for a quick scalp this morning. Please note that Caterpillar Inc. (NYSE:CAT) must hit this level within the first 20 to 30 minutes of trading. If Caterpillar Inc. (NYSE:CAT) consolidates above this area the level will not be as strong.

Kiliam L.
InTheMoneyStocks.com

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