Today is another high volume day for Navistar, possibly helped by solid report from Oshkosk. The stock is trading at right about its 200 day moving average, but there doesn't look to be much resistance at that level.
Yeah, I think the technicals look good here, too. Coming up against the 200 day soon but there doesn't look to be resistance there. I already own so I'm just holding.
And just yesterday you get one analyst endorsement by Stephanie Link on Fast Money calling NAV a buy, but then this morning TheStreet (where Link works) downgrades NAV. Both calls were made on fundamentals, though.
I liked that PCAR was up, too, yesterday and I think that, plus the high volume, does bode well for NAV stock momentum to continue.