Options360

WKHS trend channels, supports & resistances

Options360 Updated   
NASDAQ:WKHS   Workhorse Group, Inc.
WKHS may have finished it’s huge weekly 30% correction today. It’s 1 hr MACD just crossed over for the first time in 4 days (@ 11:30am 9/24). It’s a bullish signal, but pay attention tomorrow if it crosses back over to bearish, then this afternoon was just a rest from dropping from a high of $31.35 (@ 8:30am 9/21) to a low of $20.36 (@9:41am 9/24). Another recent bearish reversal signal was WKHS bounced off the bottom of it’s August 17th to present date lower trend line this morning. And lastly, it broke out of it’s 4 day upper trend line (@12:01pm 9/24 $23.05).
* pay close attention to future movements and good luck trading friends *
Comment:
I don't know why the mobile app displays auto fill mistakes: this is what I submitted ""
WKHS may have finished it’s huge weekly 30% correction today. It’s 1 hr MACD just crossed over for the first time in 4 days (@ 11:30am 9/24). It’s a bullish signal, but pay attention tomorrow if it crosses back over to bearish , then this afternoon was just a rest from dropping from a high of $31.35 (@ 8:30am 9/21) to a low of $20.36 (@9:41am 9/24). Another recent bearish reversal signal was WKHS bounced off the bottom of it’s August 17th to present date lower trend line this morning. And lastly, it broke out of it’s 4 day upper trend line (@12:01pm 9/24 $23.05).
* pay close attention to future movements and good luck trading friends *
Comment:
It did it again. ""

WKHS may have finished it’s huge weekly 30% correction today. It’s 1 hr MACD just crossed over for the first time in 4 days (@ 11:30am 9/24). It’s a bullish signal, but pay attention tomorrow if it crosses back over to bearish , then this afternoon was just a rest from dropping from a high of $31.35 (@ 8:30am 9/21) to a low of $20.36 (@ 9:41am 9/24). Another recent bearish reversal signal was WKHS bounced off the bottom of it’s August 17th to present date lower trend line this morning. And lastly, it broke out of it’s 4 day upper trend line (@ 12:01pm 9/24 $23.05).
* pay close attention to future movements and good luck trading friends *
Comment:
It did it again. ""

WKHS may have finished it’s huge weekly 30% correction today. It’s 1 hr MACD just crossed over for the first time in 4 days (@ 11:30am 9/24). It’s a bullish signal, but pay attention tomorrow if it crosses back over to bearish , then this afternoon was just a rest from dropping from a high of $31.35 (@ 8:30am 9/21) to a low of $20.36 (@ 9:41am 9/24). Another recent bearish reversal signal was WKHS bounced off the bottom of it’s August 17th to present date lower trend line this morning. And lastly, it broke out of it’s 4 day upper trend line (@ 12:01pm 9/24 $23.05).
* pay close attention to future movements and good luck trading friends *
Trade active:
WKHS is worth maybe $3 bucks a share without the USPS contract. Bought some Puts / Debit spreads.

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