Caterpillar Inc. is heading towards a line of 218.69. If this movement continues, the price of Caterpillar Inc. could test 218.69 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
Caterpillar Inc. is approaching 218.69. We expect either a breakout through this line, or a rebound.
