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Bixley
May 24, 2023 2:25 AM

CAT - Descending Wedge Breakout 

NYSE:CAT240
Caterpillar, Inc.NYSE

Description

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A large descending wedge or megaphone has been broken out of.
I expect sideways but partial bullish results as shown by the bars pattern in green.
Strongest trend line is the thick green line, price may retest this line.
Channel is speculation.
Beyond Technical AnalysisTrend AnalysisCAT
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