Pennant just got bigger.
Based on the fact that PCAR did not set a new calendar year high with the market, I don't think this is breaking out. Also sold off the John Deere earnings pump as did DE and CAT.
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People who trade industrial sector are a bit more grounded than the rest of he traders, this isn't a tech stock, lol. I was actually surprised by the Oct/Nov pump along with the Jan earnings pump, didn't catch all of it, but made money off of both.
Based on the fact that PCAR did not set a new calendar year high with the market, I don't think this is breaking out. Also sold off the John Deere earnings pump as did DE and CAT.
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People who trade industrial sector are a bit more grounded than the rest of he traders, this isn't a tech stock, lol. I was actually surprised by the Oct/Nov pump along with the Jan earnings pump, didn't catch all of it, but made money off of both.