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Chart of the Day: CAT Climbing?

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Manage episode 482513625 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Ben Watson calls the chart of Caterpillar (CAT) an "interesting tale" during the U.S.-China tariff discussions. On the recent short-term, he's watching the upside range to $350 after having "wrapped themselves in a cocoon of resistance." On the longer-term chart, he points to CAT's RSI study as an indicator of building momentum.

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4599 episodes

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Manage episode 482513625 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Ben Watson calls the chart of Caterpillar (CAT) an "interesting tale" during the U.S.-China tariff discussions. On the recent short-term, he's watching the upside range to $350 after having "wrapped themselves in a cocoon of resistance." On the longer-term chart, he points to CAT's RSI study as an indicator of building momentum.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – / schwabnetwork

Follow us on Facebook – / schwabnetwork

Follow us on LinkedIn - / schwab-network

About Schwab Network - https://schwabnetwork.com/about

  continue reading

4599 episodes

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