Caterpillar Inc. has broken through the support line of a Channel Up. It has touched this line at least twice in the last 8 days. This breakout indicates a potential move to 212.69 within the next 19 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 Channel Up. It has touched this line at least twice in the last 8 days.
