Caterpillar Inc. has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 2 days. This breakout indicates a potential move to 226.51 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.
Caterpillar Inc. has broken through support of a Rising Wedge. It has touched this line at least twice in the last 2 days.
