Home About the company Daily reviews Trading ideas for Caterpillar Inc. (NYSE) 21.02.2020

Trading ideas for Caterpillar Inc. (NYSE) 21.02.2020

21.02.2020

Market Review

The overall trend is downward. The support level of 136.50 is holding back sellers. Breaking through the level will result in the formation of a descending pattern 123. The moving averages of Stochastic Oscillator indicator have crossed and are located near the overbought zone.

Trading recommendations:

Sell below 136.50.

Stop Loss: 138.87.

Target levels: 133.30; 130.00.

Author: admin
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