CAT consolidated for 10 months forming a cup like pattern. There was a minor handle before we see a strong break up last Thurs on strong volume.
The odds are good that it has some room to go , though we are likely to face resistence and some consolidation @ 243. If it can clear this level, then the next targt is 260.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Cheers.
The odds are good that it has some room to go , though we are likely to face resistence and some consolidation @ 243. If it can clear this level, then the next targt is 260.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Cheers.