sobata416

$CAT - daily chart

NYSE:CAT   Caterpillar
cat
Caterpillar just broke down through its 200 day moving average for the first time since January.

Last time was a buying opportunity...

...Is this time different?

The daily Williams %R remains below -20; this indicates negative pressure.

If $CAT can't hold above ~$98 then it could fall to $92.19 and then ~$90.

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