CATERPILLAR (CAT): Bearish Forecast Short

Caterpillar, Inc.NYSE

Description

⋅ Jan 28, 2020 8:24 AM

CAT yesterday broke below key structure support.
the breakout is considered to be confirmed and the current forecast is bearish.

price may recover a bit and then retrace from the broken level.

key target levels will be 130.0 / 120.0

Comments

VasilyTrader

⋅ Jan 28, 2020 8:25 AM

Are you bearish on CAT?