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bulltradingtips
Mar 14, 2021 4:18 PM
$PCAR - Elliot Wave Projection
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NASDAQ:PCAR
PACCAR Inc.
NASDAQ
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Mar 14, 2021 4:18 PM
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.
Technical Indicators
Wave Analysis
Elliott Wave
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