hungry_hippo

PCAR Update

hungry_hippo Updated   
NASDAQ:PCAR   PACCAR Inc
Looks to me like it's gonna gap down today, but not sure I want to play this over the weekend since anything can happen

Based on previous drop and also the megaphone pattern, I'd take a stab at it if it leaves an open gap and hits $82.5 next week.

Note: PCAR did not fill gaps during the COVID drop, and this rate hike stuff is probably worse so just be aware that not all gaps will fill
Order cancelled:
The one time I got burned on PCAR stock was the COVID drop, and this is starting to look awful familiar. PCAR stock is well above preCOVID levels, so I might stay out next week.
Comment:
Hit $82.60 and bounced today so you gotta love my charting skills, but I'm too skittish to hold anything overnight and I don't day trade my 401k.

No position
Comment:
Did not trade it, but that was a pretty chart though. My target was off by only 10 cents.

just too skittish to hold a long position over the weekend.
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