CaterpillarLong
Trading using two pivots #CAT (Caterpillar Inc.), medium term
The price remains into the upside bias (it is situated over the 89.37 pivot level) and will, possibly, continue its initial upside move towards 98.47 (141.4 Fibonacci extension of the upside move of 69.03-89.85). A suitable stop-loss/exit of long position would be on 89.37 pivot level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.