Hi traders,
As we can see on the chart , Caterpillar (CAT) has been in a downward sloping channel since the beginning of April 2024. This down sloping resistance line could potentially be a good place to enter a short position . The target price in that case should be at the down sloping support line .
As we can see on the chart , Caterpillar (CAT) has been in a downward sloping channel since the beginning of April 2024. This down sloping resistance line could potentially be a good place to enter a short position . The target price in that case should be at the down sloping support line .
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💥 Free signals and ideas ➡ t.me/vfinvestment
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.