$CAT first half entry out of the money Waiting fo

$CAT first half entry out of the money

Waiting for a pierce of the 50 DMA for 2nd half. Scaling into short positions is definitely the way to go as it's hard to nail the exact price and stocks can rally or bounce higher and longer than expected. Nonetheless, the stock is in a daily chart downtrend and this bounce can be shorted if you scale in and operate with tight stops.