Oversold on the daily but no traction on a big up day for the market. Quit frankly higher unemployment is bad news, not good news. PCAR typically trades with the news, unlike the rest of the market, lol.
But regardless, I'm beginning to think it loses the support next week and has yet another leg down. It's looking like a dead play now.
But regardless, I'm beginning to think it loses the support next week and has yet another leg down. It's looking like a dead play now.
Note
Really starting to look like it's a bear flag
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.