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Technical Analysis of Caterpillar, Inc. (CAT) April 19, 2022

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Technical Analysis of Caterpillar, Inc. (CAT) April 19, 2022
Technical Analysis of Caterpillar, Inc. (CAT) April 19, 2022

CAT key points:

  • CAT broke above the trendline of a large triangle pattern.
  • CAT's Relative Strength (against SPX) as a leading indicator rebounded from historical trendline support.
  • CAT can continue to move to $280 with a stop loss at $212.

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