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
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:
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.
just too skittish to hold a long position over the weekend.
No position