Caterpillar Inc. (CAT) having downward bias below $57
By Mark Moneymaster
November 04, 2009 5:03 AM
November 04, 2009 5:03 AM
Symbols: CAT
Caterpillar Inc. (NYSE: CAT) stock is facing strong resistance around $57-$58 levels.
Traders can short the Caterpillar Inc. (CAT) stock near the resistance levels of $57 and one can expect the stock to find some support near $50 levels.
Profit booking is being seen in the markets and traders can expected some downward bias in the Caterpillar Inc. (CAT) stock.
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