Home Sectors Industrials Chart of the Day: Caterpillar Could Be Holding an Uptrend

Chart of the Day: Caterpillar Could Be Holding an Uptrend

By

David Russell

-

February 28, 2024

16

Caterpillar broke out to new highs a month ago, and now some traders may think an uptrend is in place.

The first pattern on today’s chart is the close on January 25. It was slightly above …

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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Chart of the Day: Caterpillar Could Be Holding an Uptrend

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