CAT watch $308 above 302 below: Major fibs define range to break

1 May

CAT just released Earnings report with small "miss".
Price oscillating between major fibs $301.97-308.82
If Bull, look for a pop to tight zone $325.49-326.16

5 May

İşlem aktif

BOOM. Target Hit!

(yellow shaded area is from posting time on)

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Zoom in (M15) for a closer look:

The Covid fib at $308.82 was tested from underside.
Then a break and POP as expected, to next Covid fib.

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Zoom in more (m1)

Good recognition of the fibs up here.
I am closing 25% of the long position here.
We should get a pullback from this zone.

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