Way overbought on the daily and this is the first time in a while that it's gone red when the market is green
Kinda why I didn't play the rally the last couple of days, my favorite play appears to be played out. Probably should've bought AAPL instead, lol.
I think it gets a bounce at $101 if it does go down
Kinda why I didn't play the rally the last couple of days, my favorite play appears to be played out. Probably should've bought AAPL instead, lol.
I think it gets a bounce at $101 if it does go down
Note
BTW, this is the craziest thing I've ever seen PCAR do. If you look at the chart it's way overbought on RSI and MFI went overbought 3 times which is a first.So basically I quit playing it because it's not behaving normally. It did fill all of the gaps though, lol. ATH leading into a recession, and bond yields are higher than dividend yield right now. Strange stuff.
Not that I'm complaining, I've been bullish on this all along and made some decent money.
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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.