Dec. 19 at 3:34 PM
Actionable Trade Alert for
$PCAR:
Market Context:
$PCAR is currently showing strong bullish momentum with the last close at
$111.5. The RSI at 66.29 indicates it is nearing overbought territory, but still has room for upward movement. The stock is above its 30-day MA of
$104.42 and 50-day MA of
$101.63, suggesting a bullish trend.
Directional Bias: Given the recent high of
$114.5 and the current price, there is potential for further upside. The distance from the 60D low of
$92.25 indicates a strong recovery.
Trade Plan:
- Suggested Entry:
$111.5
- Stop Loss:
$108.5 (risking
$3 per share)
- Take Profit Targets:
1.
$114.5 (1st target, 2.7% gain)
2.
$117.0 (2nd target, 4.6% gain)
3.
$130.0 (3rd target, 16.6% gain)
This plan offers a potential ROI of over 17% on the third target. Monitor RSI and price action closely for any signs of reversal.
https://privateprofiteers.com
