Breach of support line imminent by Caterpillar Inc.
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 120.26 within the next 6 hours.
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