AnnabelleTrader

Bearish Wedge Signals Drop On $CAT To $84.75

Short
NYSE:CAT   Caterpillar
5
There is a classic bear wedge development on the stock chart of Caterpillar Inc. (NYSE:CAT). Upon breaking the support line of $92.50, Caterpillar will fall quickly to $84.75. You can see the wedge in the stock chart below. The target level of $84.75 is a gap fill. This will be a major support and probably a solid buy level. Stay tuned and opt-into my live trades to get my exact entries, stops and targets. Opting into my trades is free, you only reward me with a few Dollars IF I give you big winning trade information. Verified Investing is the future.




Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.