The breakout of Caterpillar Inc. through the 197.71 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Caterpillar Inc. could test 193.91 within the next 21 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
After testing 197.71 numerous times, Caterpillar Inc. has finally broken through. Can we expect a bearish trend to follow?
