Caterpillar Inc. has broken through the support line of a Support. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 42 days and suggests a target line to be around 196.42 within the next 3 days.
Related Posts
Important support line being approached by AMD. This price has been tested numerous time in the last 46 days
Emerging Channel Down detected on AMD – the pattern is an emerging one and has not yet broken…
A Rising Wedge has formed, AAPL is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Emerging Rising Wedge pattern in its final wave was identified on the AAPL 15 Minutes chart. After a…
XOM heading towards a price it has tested 3 times in the recent past.
The price of XOM in heading back to the resistance area. It is possible that it will struggle…