Caterpillar Inc. has broken through the support line of a Channel Up. It has touched this line at least twice in the last 30 days. This breakout indicates a potential move to 130.59 within the next 3 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
If you’re short INTC you should be aware that 23.6600 has just been breached – a level tested 4 time in the past
INTC has broken through a line of 23.6600 and suggests a possible movement to 24.2670 within the next…
PFE formed a Rising Wedge on the 15 Minutes chart. Retest of resistance in sight.
A Rising Wedge pattern was identified on PFE at 25.2, creating an expectation that it may move to…
MSFT is quickly approaching a very important level it has previously tested numerous times in the past
MSFT is en route to a very important line that will be a definite deciding factor of what…