Technical Analysis: Can Caterpillar Hold Its Gains?

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Caterpillar has been leading a rally in industrial stocks, but now some traders may expect a pullback.

Notice the gap to new record levels on August 1 after earnings beat estimates. CAT pushed to another high the following session but …

For more, please click here to view the related idea and chart analysis on TradingView.

Caterpillar (CAT), daily chart, with selected patterns and indicators, courtesy of TradingView.
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