CAT
Cup and Handle pattern and trend line support with a resistance area of 140-141. The resistance was tested a few times and rejected but CAT is remaining well pithing the support. Earnings are coming up this week (Fri. Jul 31), however the overall market seems to be staying flat during this big earnings week, and this may suppress a possible ER run-up. Very mixed signals as the 20SMA crossed above the 200SMA, but showing a decline in the ATR, which may indicate a false move. Regardless of earnings, still look for any breaks of the support or resistance for a move up or down.
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