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PACCAR Inc Shs Cert.Deposito Arg.Repr. 0.3333 ShsPACCAR Inc Shs Cert.Deposito Arg.Repr. 0.3333 ShsPACCAR Inc Shs Cert.Deposito Arg.Repr. 0.3333 Shs

PACCAR Inc Shs Cert.Deposito Arg.Repr. 0.3333 Shs

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$PCAR ~ It's Time to Short the Trucking IndustryThis entire stock is being propped up, and as tariffs are enacted the sale of heavy trucks will decline as the trucking industry's workload declines. The sale in heavy trucks is cyclical with stocks and these stocks tend to drop the most just as heavy truck sales start to slide. Vice versa, by the time the correction in sales bottoms out stocks have already recovered. It just so happens a massive 2k slide in sales has just been recorded over the last month and a massive drop is just around the bend. $PCAR's chart overall looks terrible and the macro outlook of things is one massive parabolic advance. It's topping, and it's obvious. Trend rejections are at an all time high and volume is tapering off. I think we will see the biggest correction to date within ~6 months and it's time to load shorts/puts. It's very possible that a 50% or more drop will occur. Take the time to correlate $PCAR's previous corrections to the heavy truck sales chart and you will understand what is to come. Not to mention, short-term I look for Tesla to make an announcement regarding their autonomous semi's as it's rumored for pre-orders to start soon. This news alone will be a great catalyst to cash out on as major trucking manufactures will see a hit in their stock. The current trucking industry is slow to adapt and other companies beside Tesla are moving in to capitalize as Daimler launches their line of electric semi's. A massive correction is coming and a lot of propped-up companies will die off as the bubble bursts. It's the perfect storm. Don't miss out an easy play!
NASDAQ:PCARShort
by r0me0