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%.
Pro1 PREMIUM Portfolio
Resistances: $245.
Supports: $228, $215, $200, $180.
Targets: (Bullish) $260, $280, $300 (Bearish) $215, $192, $180, $140.
Trend structure in CATERPILLAR:
- Short term: Neutral-bullish.
- Medium term: Bullish.
- Long term: Bullish.