Category Archives: Transportation

Carvana’s Breakdown

June 28, 2026 By in CVNA, IYT, Transportation, XLY

Wedge, with Volume

Carvana’s all-time highs were posted in January, this year.

Since then, it’s been a choppy grind lower (not advice, not a recommendation).

At this point, price action has a wedge breakdown.

Adding to that, last Friday included a lower close and volume surge, 262% over the prior session.

Carvana CVNA, Daily

From a sector standpoint, transportation (IYT), is trending higher, while consumer discretionary (XLY), is lower.

So, we have to ask ourselves, is Carvana part of transportation, discretionary, both, or in its own category?

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Paccar Trade Busted

June 25, 2026 By in PCAR, PCAR-26-08, Transportation

Sometimes, It Doesn’t Work

It didn’t take long for PCAR to quickly negate the ‘wedge‘ analysis.

Price action blew through the stop level (prior session high) and proceeded to launch into what might be an up-thrust (not advice, not a recommendation).

Standing aside for now to see what happens next.

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Paccar … Break and Test

June 24, 2026 By in PCAR, PCAR-26-08, Transportation 1 Comment

Barely Closing Higher

The PCAR trade plan, already posted with this update.

From that:

“If we get a breakdown from this point and using that bit of insight, a measured move target is within the vicinity of 103 (not advice, not a recommendation).”

Yesterday, the breakdown and today, a potential test.

The expectation is for continued downside (not advice, not a recommendation).

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Paccar’s ‘Character Traits’

June 20, 2026 By in PCAR, PCAR-26-07, Transportation 1 Comment

Every Market, Has It’s Own

When we look at Paccar, several things are evident.

First, since the all time closing high on February 11th, this year, PCAR has been posting lower highs and lower lows, the definition of a downtrend (not advice, not a recommendation).

Secondly, and probably more important, since that closing high, PCAR likes to print a ‘wedge’ formation before a directional move.

Paccar Inc., PCAR, Daily Close

Thirdly, distance of each downside move (so far), from closing high within each wedge, to closing low, before reversal, is approximately the same distance.

If we get a breakdown from this point and using that bit of insight, a measured move target is within the vicinity of 103 (not advice, not a recommendation).

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Paccar … Hits Resistance

June 6, 2026 By in PCAR, PCAR-26-04, Spring-to-Up-Thrust, Transportation, Up-Thrust

Up-Thrust Zone

The last update on Paccar, was back in February, link here.

At the time, it was just starting its topping and reversal process.

The chart shows at least two short-tradeable moves (up-thrust, wedge) and now, potentially a third (not advice, not a recommendation).

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Uber: Confirms, Continues (lower)

March 12, 2026 By in Transportation, UBER, UBER-26-02 2 Comments

Test & Reverse

The last update on UBER, identified a potential downside reversal link here.

At that point, it was in ‘test’ phase.

Since then, UBER has posted a new weekly low, confirming the test and now, a reversal (not advice, not a recommendation).

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

When The Set-Up, Fails

February 23, 2026 By in Airlines, DAL, DAL-26-03, Dr. Elder, LUV, LUV-26-01, Spring-to-Up-Thrust, Transportation, UAL, UAL-26-01, Up-Thrust

One Side, is Exhausted

Today was the day when the airline sector was supposed to resume its uptrend into a (possible) new high.

Early in the session, that move has failed (not advice, not a recommendation).

Instead of moving higher, price action printed a new daily low.

As Dr. Elder said years ago in ‘Come Into My Trading Room‘, when a set-up fails, at times, it’s best to exit (if positioned) and re-enter in the opposite direction.

Airlines Sector, Daily

Last Friday’s action was a reversal bar with a higher close. The inference was for continuation to the upside.

As the arrow notes, that move has failed.

The benefit, is a well-defined stop (if short); that is, today’s session high (not advice, not a recommendation).

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Airline Sector Wedge(s)

February 22, 2026 By in Airlines, DAL, Transportation 1 Comment

Aligned with, The Delta Analysis

When looking at the airline sector below, it appears to support yesterday’s update.

That is, we have signs of potential buoyancy, enabling the sector and DAL to move higher (not advice, not a recommendation).

Of course, with that said, anything can happen in the markets.

Airline Sector, Daily Close

The circled area shows a wedge within a much larger (terminating) wedge.

If this pattern is in-effect, i.e., the market moves higher to the measured move, then we have one (possible) last high in the sector (not advice, not a recommendation).

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Delta … What’s Next?

February 21, 2026 By in Airlines, DAL, Transportation 1 Comment

Possible, More Upside

Delta’s showing high page count in this site’s metrics.

Here’s an update.

We did get the downside move as suggested here.

However, DAL did not collapse as expected.

Instead, it looks like there’s some buoyancy, which implies more upside (not advice, not a recommendation).

Note the pivots (so far) occurring on Fibonacci counts.

Monday is ‘Day 8’.

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Paccar’s Reversal

February 19, 2026 By in PCAR, PCAR-26-02, Spring-to-Up-Thrust, Transportation, Up-Thrust

New Weekly Low

The weekly chart of Paccar Inc. shows a new weekly low off an up-thrust condition.

In addition, as can be seen from the lower blue support line, we also have a repeating pattern, link here (not advice, not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279