The breakout of Caterpillar Inc. through the 197.71 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Caterpillar Inc. could test 193.91 within the next 21 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
If INTC touches 19.8150 it may be time to take action.
INTC is moving towards a support line. Because we have seen it retrace from this level in the…
TSLA has formed 4 bearish candles successively, what is the probability of getting another bearish candle?
Due to the rate of consecutive bearish candles on TSLA 4 hour chart we could be in for…
PFE is quickly approaching the support line of a Triangle. We expect either a breakout through this line or a rebound.
A Triangle pattern was identified on PFE at 23.105, creating an expectation that it may move to the…