CATERPILLAR and its medium-term bullish channel
Caterpillar has been immersed in a broad medium-term bullish channel for a year, a formation that has allowed it to accumulate a revaluation of close to 120%.
Caterpillar has been immersed in a broad medium-term bullish channel for a year, a formation that has allowed it to accumulate a revaluation of close to 120%.
After disappointing quarterly results, the stock has managed to restructure upwards and approach important resistance zones.
The market was very pleased with the good quarterly results presented recently.
The stock is currently immersed in a wide bullish channel that has brought it close to its all-time highs.