Cummins Inc. (CMI) Social Stream
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$CAT $SPY $DIA $QQQ $CMIOn_Point_Trading, published August 11, 2021
Ticker - CAT
CAT is at a perfect entry point for a swing to the upside. We should see this run for the rest of this week & into next week too.
Multiple indications are all lining up simultaneously. It closed above the downtrend w/ high volume on the buy side. RSI turned over to bullish from bearish, & large bullish RSI divergence.
Once CAT closes above the main breakout level of $214.52 & hold as support, we’ll see a push to both of the price targets.
1st Target: $220
2nd Target: $225