Tradingdeed

Workhorse to $42 before March 12

Long
NASDAQ:WKHS   WORKHORSE GROUP INC
workhorse new price target : $42

When: Before March 12

Growth: 31%

Buy : YES

Trade at your own risks

Comments

Well this certainly hasn’t aged well has it?
+1 Reply
Tradingdeed bradshaw1979
@bradshaw1979, Nope !
The bottom wasn't a real bottom..
The divergence will materialize but not on a huge crash like we are living now and when the bottom is a fake one.. :(

Sucks..

But !!!! There were previous divergences that signaled this could actually happen too.. There are everywhere on all stocks right now including crypto...

It's never 100% sure unfortunately
Reply
Tradingdeed bradshaw1979
@bradshaw1979, They were supposed to gain a huge contract with builing trucks for USPS, and USPS changed their mind...
Fundamentals beats TA ... :(
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Keep that day job
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dude you literally just drew an arbitrary arrow. are you serious?
Reply
Tradingdeed coinYoni
@coinYoni, No this is not the case. Lol.. I just shown where there is a divergence.. But I am not going to do all the work for you am I... I just give you the direct result. Isnt it enough ?? Please read about divergences here : https://tradeciety.com/how-to-trade-a-divergence-trading-tips/

This my friend, is a hidden bullish divergence. That means there is a divergence shown between the price and indicators.. Why is it important, because everything is a equilibrium, and the price strengh is also reflected by their moving average. When there is a unbalance between them, the price readjust. is it over sold ? Over bought? where are we going from there.

If you are just interested in critics, you are more than welcome to not follow me. I am not sayign my divergence are a sure play, but they do work most of the time for me.. Just saying...

Right now, this divergence shows with 3 different indicators (MACD, RSI, Stoch with a great signal on the stoch on a 4h candle timeframe) ... of this is a real bottom here, you can be confident it will materialized...

Please understand. I will simply show my finding, I won't teach or anything like that, I dont have the time. Follow me or don't but I don't do all my math on my graph, I have a day job..
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nice and simple
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