The breakout of Caterpillar Inc. through the resistance line of a Ascending Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Caterpillar Inc. to test 178.56 within the next 16 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing resistance twice in the past, Caterpillar Inc. has finally broken through. Can we expect a bullish trend to follow?
