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MateuszZakrzewski
Jul 1, 2021 9:08 AM

WKHS long for me! Long

Workhorse Group, Inc.NASDAQ

Description

It's getting up from the bullish flag. Slightly climbing up on the support curve. Also there is a huge volume support level on ~16$ (horizontal line)
Huuuuge gap to be filled (till levels of 30$)
Very bullish on long term.
The volume is increasing in buying!
Very good fundamentals (free of debt, cash in the bank, contracts with UPS and Ryder)
More than 50% of volume is shorted. More than 30% of shares are shorted.
Yesterday shorts were lowered by 7% in a day! And free float stayed almost the same!
Only 115million shares in total!

For me it sounds like a short squeeze :O

I'm going in!

Comment

U.S. House approves $715 bln infrastructure bill $4 bln electric vehicle charging infrastructure.


reuters.com/world/us/us-house-approves-715-bln-infrastructure-bill-2021-07-01/?utm_source=reddit.com
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