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RizeSenpai
Dec 27, 2023 9:44 PM

WKHS: Falling Wedge With Bullish Divergence Into The 2018 Zone Long

Workhorse Group, Inc.NASDAQ

Description

WKHS has formed a Falling Wedge with Bullish Divergence on the Daily as it has come down into the December 2018 Low. It has also Bullishly Engulfed the previous Daily Candles and has exhausted the Options Chain. At this point in time I'd expect WKHS to make its way back above 50 cents and perhaps run up to around $1 or perhaps a bit higher which would be best played by buying the call options at the 50 cent strike which currently trade at below 5 cents.
Comments
PeaksOrCliffsOfGlory
I'm trying to send chart
PeaksOrCliffsOfGlory
I think so too
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