CaterpillarShort
cat to retest lows
got rejected at major resistance , missed quarterly earnings, revenue declining year after year. failed to offer next quarter Guidance, Zacks holds a (4)Sell sign, Morgan Stanley lowered its target price to 90. nothing is holding this stock up in the short term. the infrastructure bill could help boost it a little bit but for for the medium to long term , this stock looks very weak. there is a strong support at 112, once it closes below it the next levels should be very easy to break.
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