cat to retest lows

1 May 2020

got rejected at major resistance , missed quarterly earnings, revenue declining year after year. failed to offer next quarter Guidance, Zacks holds a (4)Sell sign, Morgan Stanley lowered its target price to 90. nothing is holding this stock up in the short term. the infrastructure bill could help boost it a little bit but for for the medium to long term , this stock looks very weak. there is a strong support at 112, once it closes below it the next levels should be very easy to break.