Caterpillar Inc. has broken through the resistance line of a Triangle. It has touched this line at least twice in the last 4 days. This breakout indicates a potential move to 181.35 within the next 5 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
NFLX – approaching a support line that has been previously tested at least twice in the past
An emerging Channel Down has been detected on NFLX on the 4 hour chart. There is a possible…
Important price line being approached by BRK.B. This price has been tested numerous times before.
BRK.B is heading towards a line of 470.1400. If this movement continues, the price of BRK.B could test…
After experiencing 9 consecutive 4 hour bearish candles in the space of 8 days, nobody knows where PYPL is headed.
Due to the rate of consecutive bearish candles on PYPL 4 hour chart we could be in for…