Caterpillar collects profits - Analysis - 12-09-2019

Economies.com
2019-09-12 15:16PM UTC

Caterpillar's stock fell as traders collected profits while venting off overbought saturation in the RSI, with positive support from the 50-day SMA. 

 

Therefore we expect more losses, targeting the support of 126.52. 

 

Expected trend for today: Bearish  

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