John_Allen

Workhorse Group Inc (WKHS)

Short
NASDAQ:WKHS   WORKHORSE GROUP INC
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It shows developping Descending Triangle pattern with lower highs and support @ $14.50.

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I am trying to figure out how to tell if a descending triangle will be a reversal or a continuation. Some descending triangles end up having a breakout and going higher, can you explain why this one might be a breakdown to lower prices?

I would ignore the fact that the price seemingly broke out of the resistance 8/26 - 8/28, the graph can be manipulated in anyway on other people's charts so the resistance still hasn't been broken.
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