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Breach of resistance could mean a start of a bullish trend on Caterpillar Inc.

Caterpillar Inc. has broken through a resistance line of a Ascending Triangle chart pattern. If this breakout holds true, we expect the price of Caterpillar Inc. to test 199.95 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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