zup

Workhorse outbreak pullback

Long
NASDAQ:WKHS   WORKHORSE GROUP INC
NASDAQ:WKHS showed an outbreak pull back setup. It is likely that it will go near or over the previous outbreak level (+ 25 %). A Stop order could be placed below the support (21 $). This is a very speculative idea, i will always protect my money with a cautious risk management.

  • outbreak pullback setup - done
  • outbreak level is the new support
  • ADX is strong, +DI is still positive
  • RSI is oversold - a strong move can be expected

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