The breakout of Caterpillar Inc. through the 197.60 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Caterpillar Inc. could test 202.78 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
After testing 197.60 numerous times, Caterpillar Inc. has finally broken through. Can we expect a bullish trend to follow?
