There is a classic bear wedge development on the stock chart of Caterpillar Inc. (NYSE:CAT). Upon breaking the support line of $92.50, Caterpillar will fall quickly to $84.75. You can see the wedge in the stock chart below. The target level of $84.75 is a gap fill. This will be a major support and probably a solid buy level. Stay tuned and opt-into my live trades to get my exact entries, stops and targets. Opting into my trades is free, you only reward me with a few Dollars IF I give you big winning trade information. Verified Investing is the future.


Investors see stock chart breakdown on shares of Caterpillar.