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Big movement possible on Caterpillar Inc. after a breach of 218.69

Caterpillar Inc. has broken through a line of 218.69 and suggests a possible movement to 231.35 within the next 2 days. It has tested this line numerous times in the past, so one should wait for confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 30 days.

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