Inverse Head and ShoulderIf the right head doesn't form I could see it drop further to test support at 66.60 which also aligns with the long term trend channel
PCAR trade ideas
PCAR Stochastic Divergence on Channel LinePCAR has stochastic divergence on channel line support.
Buy: 68.54
Target: 69.90 - 72.11 (1.97 - 5.20)
jbzstocks.com
@jbzstocks
Long PCAR trend & smawww.tradingview.com
Trend line, oversold, bullish earning estimate for 6/2017. Not mutch more to say. LONG.
As always. Target is floating and not set. If the trade is successful, I will close once it hit's SMA200 again.
PCRA Head&Shoulder breakdownLooking for a short on PCRA as it breaks done Head&Shoulder. Break below MA200 will be entry confirmation.
Target price: 46.5
We also considering to Buy Aug16, 52.5 Put currently trading at $2
LONG PCARThis is actually a very good company internally. I remember reading a booking saying that this a great company so even though the price is relatively high, I would still recommend a buy on this good company.
