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There is a possibility of a big movement on Caterpillar Inc. after a breach of the support

Caterpillar Inc. has broken through a support line of a Pennant and suggests a possible movement to 186.63 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 19 days.

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