CAT swing range

I have spoken about playing the range on $CAT. It has very good support close to 80 area and has bounced off 88 close to the 200 day moving avg. In order for a better swing position, one needs to wait till 90 before entering small. But one can always play this rang.. i.e. buying close to 80 and selling close to 88.. has paid off so far.

Earlier analysis and call on $CAT - http://agaptrader.blogspot.com/2013/07/cat-swing.html