The company’s fundamentals are still strong. Sales are up 21.7% for one year. Analysts from Thomson Reuters consensus have revised largely upward their EPS estimates. The last EPS was at EUR 0.43.

Technically, the security is in an uptrend on all time scales. A comeback on the 20-day moving average and the short term support at EUR 9.6 should give a new impetus to the security to join the EUR 11.6 resistance again.

Therefore, investors will buy C.A.T. oil' stock at EUR 9.6 to aim a return towards EUR 11.6. A stop loss will be placed under the short term support.