• Navistar NAV swing trade long

For whatever reason, automotives are running.

I don’t concern myself with the catalyst for them running as much as I do with the fact that they are running and from a technical analysis stand point are setting up really nicely for a trade. 

This could be the beginning of a much bigger rally. I’ve seen these automotive stocks run in the past and when they do, it is something to marvel at. Also, but not included in the list below, is Hertz (HTZ) which is essentially an automotive rental company, happens to be showing some strength as well in sympathy with the bigger move in play. 

Here are the automotive stocks in play here: 

Long Navistar (NAV): 

Navistar NAV swing trade long

Long Oshkosh (OSK):

oshkosh OSK swing trade long

Long Johnson Controls (JCI):

Johnson Controls JCI

You Might Like

  • Short-term bounce

    The Anatomy of a Short-Term Bounce

  • January Barometer: As January goes, so goes the year.

    January Barometer: As January Goes

  • Losing Trade to Start the New Year

Leave A Comment