Trading ideas for Caterpillar Inc. (NYSE) 30.12.2019

The resistance level of 148.80 holds back buyers. Two Doji patterns have formed from this level and  indicate a possible reversal. Also, Stochastic Oscillator indicator signals overboughtness. The nearest support level is 146.78.

Trading recommendations:

Sell below 146.78.

Stop Loss - 148.80.

Target levels - 144.14; 140.00.