Caterpillar Inc. has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 7 days. This breakout indicates a potential move to 119.45 within the next 15 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Caterpillar Inc. has broken through support of a Rising Wedge. It has touched this line at least twice in the last 7 days.
