Seasonal growth of Caterpillar

22 November 2021 415
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Caterpillar is a bright company in the US manufacturing sector, which has a tendency to grow in November at an average rate of 4%. At the moment, Caterpillar’s shares are being traded around the support level of 200, which is below the open price of November 1st. Theoretically, we will see the price reach $212 per share or more at the end of November. Let’s see whether Caterpillar will materialise the seasonal tendencies of its sector.

This content is for informational purposes only and is not intended to be investing advice.

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