Caterpillar seeks a bottom to bolster it - Analysis - 04-03-2021
Economies.com
2021-03-04 12:37PM UTC
Caterpillar's stock (CAT) fell 0.42% in the last session amid negative signals from the RSI while seeking a bottom to bolster it higher, amid the dominance of the main upward trend in the medium term, with support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 233.33, provided the support of 212.60 holds on.
Expected trend for today: Bullish
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