Trade Idea WAB just landed a huge 700M rail deal, should I buy the hype or is it too late?

[MarginMaster]

Hey everyone, I’m still pretty new to trading and trying to figure out how these big contract news items actually move the stock. I saw today that Westinghouse Air Brake just locked in a massive rail services deal worth over 700 million bucks. Sounds super bullish, right? But honestly, I'm kind of lost looking at the chart and wondering if the profits are actually gonna grow from this or if the market already priced it in. Some of the veterans here always talk about buying the rumor and selling the news, and ngl I'm dealing with major fomo right now. Do deals like this usually cause a quick pump that fades, or is this a solid hold for the long term? Would love some advice from the experienced traders on how you'd play something like this.