WKHS will it rally 50% or fall below its ATL
WKHS has been sideways or down since the bullrun in late February. Another EV small cap
is nearing bankruptcy unless it finds a suitor ( FSR trying to attract Nissan) WKHS has a niche
with its delivery trucks ( like for Amazon Prime and USPS). Is the concept to production
hangups and slow downs going to cause its demise? Trader confidence is lacking or are
traders simply waiting for the best possible price? Price is now about to match the all-imte lows
of mid February. Will there be support or will it fall.? Dould WKHS dead cat bounce to rise
to recent high pivots? This may be interesting and potentially profitable.
is nearing bankruptcy unless it finds a suitor ( FSR trying to attract Nissan) WKHS has a niche
with its delivery trucks ( like for Amazon Prime and USPS). Is the concept to production
hangups and slow downs going to cause its demise? Trader confidence is lacking or are
traders simply waiting for the best possible price? Price is now about to match the all-imte lows
of mid February. Will there be support or will it fall.? Dould WKHS dead cat bounce to rise
to recent high pivots? This may be interesting and potentially profitable.
Comment:
Zoom in shows the pattern buy in the afternoon hold until the next morning's premarket. repeat with increasing positions due to profits realized.
Comment:
WHKS is stick at the bottom and could even break through it
Comment:
WKHS may have reached an interim bottom with about 15% upside potential. Long trade taken.