Chart Patterns & Algorithmic Trader (May 27, '19) (67)
CAT Parabolic Arc Pattern
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Reviewed in CPAT 10/22/18
$CAT (W) is trading in Parabolic Arc from 04/14/2017 (low: 56.36) to
01/19/2018 (high: 173.24). Parabolic Arc patterns are long-term patterns,
but most of the upside parabolic patterns return to at least 50-62% of its
prior rise in a correction mode.
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