lauralea

Cup and Handle

Long
NASDAQ:PCAR   PACCAR Inc.
PCAR made a run to 91.27 and was extremely overbought. The weekly and monthly candles suggest this will pull back some more verses close on Friday
It has pulled back and perhaps making another stab at hitting higher targets.
Targets are only targets but overbought and market conditions can interfere so be aware.
I try not to chase a stock. Let it roll back to where I want it. If it does not, there are plenty more stocks to buy
There will most likely be resistance at the prior high ):

Not a recommendation
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