Caterpillar Inc. has broken through the resistance line of a Falling Wedge. It has touched this line at least twice in the last 29 days. This breakout indicates a potential move to 119.31 within the next 2 days. 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 resistance of a Falling Wedge. It has touched this line at least twice in the last 29 days.
