UnknownUnicorn3382580

CAT - pullback has a chance to become more complex

Short
NYSE:CAT   Caterpillar
As far as the current movement goes, it is resembling a flat structure, with the wave C of it taking the form of an expanding diagonal.
If this is the case, then I assume the current three-wave correction to be the wave X in a WXY
It will take time before the stock will be charged to resume its growth
IMHO
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.