Caterpillar Inc. is moving towards the support line of a Channel Down which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Caterpillar Inc. continues in its current trajectory, we can expect it to reach 129.72 within the next 7 hours.
Important support line being approached by Caterpillar Inc.. This price has been tested numerous time in the last 6 days
