PCAR Update

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

Yorum:

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.