Caterpillar's stock price corrected up and reached an important level of 85.00. At the moment, quotations are trying to gain a foothold outside the local descending channel. In case of success and fixing above 88.00, we expect the growth of quotations to 90.00 and 100.50. Price decline is limited by the level of 79.00. In case of breaking the mark, we expect a continuation of the downward movement with the first targets at 76.00 and 72.50. Our medium-term outlook for the stock is negative and we recommend holding short positions.