Caterpillar Inc. has broken through a support line of a Triangle chart pattern. If this breakout holds true, we expect the price of Caterpillar Inc. to test 144.77 within the next 12 hours. 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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Breach of support could mean a start of a bearish trend on Caterpillar Inc.
January 13, 2020 4:12 pm
