Beautifully playing with Fibonacci levels, Dow 30 component Caterpillar is attempting to breakout from a 6-month downtrend. Should the current “Dow to 12,000” bullish sentiment continue, CAT may have a possible 4% to 7% upside.
Friday, October 13, 2006
Caterpillar, Inc. (CAT)
Beautifully playing with Fibonacci levels, Dow 30 component Caterpillar is attempting to breakout from a 6-month downtrend. Should the current “Dow to 12,000” bullish sentiment continue, CAT may have a possible 4% to 7% upside.
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