CATERPILLAR Trend update

 

• caterpillar nearing 20 Day sma.
• Price also near 23.6% Fib level in daily time frame.
• Hour chart is trying to turn bullish, Price trying to stay above the hourly cloud. 200 Hour SMA looks a strong resistance level.
• It's an attempt to turn the down trend which needs price to sustain above 20 Day SMA.

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