Caterpillar Inc. is heading towards a price line of 170.11 and could reach this point within the next 17 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
AVGO is approaching a support line of a Flag. It has touched this line numerous times in the last 8 days.
Emerging Flag pattern in its final wave was identified on the AVGO 1 hour chart. After a strong…
CVX is quickly approaching a very important level it has previously tested numerous times in the past
CVX is moving towards a resistance line. Because we have seen it retrace from this level in the…
GOOGL – approaching a support line that has been previously tested at least twice in the past
Emerging Triangle pattern in its final wave was identified on the GOOGL 4 hour chart. After a strong…