Caterpillar Inc. has broken through a support line of a Triangle and suggests a possible movement to 145.20 within the next 19 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 8 days.
Related Posts
If AAPL touches 207.0400 it may be time to take action.
AAPL is en route to a very important line that will be a definite deciding factor of what…
Is the extremely large movement on BRK.B a sign of things to come?
BRK.B has experienced an extremely big movement in last 35 days. It may continue the trend, but this…
Because XOM formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
XOM is heading towards the resistance line of a Channel Up and could reach this point within the…