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altinAdam
Sep 16, 2020 2:06 PM

Expecting a correction in WKHS Long

Workhorse Group, Inc.NASDAQ

Description

Ascending wedge pattern . Expecting a breakdown. Buy the dip.
Comments
NIKYLIN
Hi Adam! I sold my position right before it exploded, cant forgive myself! When do you think that may happen?
altinAdam
@uscofreight, I did too. I think if an ascending wedge pattern sees it to the end, a corretion to the measured move is less likely. I have bought back in today after it got back above the trend line. Going with the trend.
Good luck.
NIKYLIN
Thank you good luck!
Sayed_H
@altinAdam, Hey there, I'm new and can't decide if I should sell before the weekend or wait until Monday. I put out an idea with the same thing before I just saw yours, seeing an ascending wedge. Are you gonna hold over the weekend or sell?
altinAdam
@Sayed_H, Holding. They call it climbing the wall of worry. Weigh the potential of the asset versus the fear the market will fall and bring everything down. Good luck.
Sayed_H
@altinAdam, Thanks for the info, good luck to you as well
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