I am very bullish on PCAR because of a confluence of factors, but here is my EW projection as well. Wave 5s are a 1.618 extension of wave 1, which puts this stock at $130.
There is also a nice symmetrical triangle on the weekly chart.
I am mega bullish and long via call spreads.
There is also a nice symmetrical triangle on the weekly chart.
I am mega bullish and long via call spreads.
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Disclaimer
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.