$CAT opens below daily trendline support In the t
Post# of 474
Posted On: 10/08/2012 9:37:16 AM
$CAT opens below daily trendline support
In the trendline given out yesterday, CAT clearly opened below it. This support line has been hit multiple times with a bear flag forming underneath the moving averages. This means the stock is more susceptible to break down. It might have one more pop back up but I'm watching this closely for breakdown signaled by a close below trendline.
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