Cat has hit its Fibonacci Support and bounced off of it significantly allowing for the potential to get in on the up-move. We've recently seen the Williams %R signal a buy target and then increase allowing for a greater amount of bullish sentiment to be surrounding this play. The squeeze indicator on the Daily also displays that of a potential bullish squeeze to be coming. My price target is 130, but believe it will go higher in the long run.
Bullish Signals
-Williams %R
-Squeeze
-Fibonacci Support
Price Targets
-1st 230
-2nd 247
Bullish Signals
-Williams %R
-Squeeze
-Fibonacci Support
Price Targets
-1st 230
-2nd 247