PCAR alternate scenario

31 Jan 2023

I had this plotted as a H&S pattern but it looks more like an ascending wedge. If it breaks out I might day trade it.

Not holding it for the Fed meeting though, not sure which way Powell goes.

31 Jan 2023

Dagangan aktif

Bought a few hundred shares, figure I made money off of earnings, not a big deal if I give some of it back.

Obviously hoping my chart is right and we get a double top

31 Jan 2023

Nota

Guess I trapped myself into watching a sideways market today, lol,. Will add EOD if PCAR finishes green.

Thinking gap up tomorrow, the market is stupid, looks like they're pumping the Fed meeting

31 Jan 2023

Nota

My 5 min chart shows that's a breakout with a target of a double top.

Could still backtest the formation though, and the Fed can ruin everything, lol.

1 Feb 2023

Dagangan ditutup secara manual

Added a bunch for the gap fill play. Remember this stock fills all down gaps.

Anyways, got the gap fill, threw a grand into my 401k, calling it good since there's a Fed meeting later today.

1 Feb 2023

Nota

In case any of my followers bought in yesterday or this morning, there is a Fed meeting later this afternoon and ES1! (SPX futures) is overbought on my 3 hr chart (posted this morning). 2 cues to close out.

1 Feb 2023

Nota

PCAR now green as the idiots that shorted this morning get squeeze out already in a failed trade.

That BS $100 price target was so they can bail out of their short position, that kinda crap should be illegal.

Staying out because I don;t like the Fed meeting whipsaws

1 Feb 2023

Pesanan dibatalkan

Either one of my 2 PCAR scenarios can play out depending on what the Fed does and says at 2pm. I exited this morning.

1 Feb 2023

Dagangan ditutup: sasaran tercapai

I exited the trade because I didn;t know what Powell was gonna do, but it did hit my target. It was a good plot, just not enough balls on my part, lol