Caterpillar Inc. is quickly approaching 147.12. We expect either a breakout through this line, or a rebound.

Caterpillar Inc. is heading towards a line of 147.12. If this movement continues, we expect the price of Caterpillar Inc. to test 147.12 within the next 10 hours. 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 just like it did in the past.