Caterpillar Inc. has broken through a resistance line of a Channel Down chart pattern. If this breakout holds true, we expect the price of Caterpillar Inc. to test 148.38 within the next 21 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.
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Breach of resistance could mean a start of a bullish trend on Caterpillar Inc.
December 23, 2019 12:03 pm
