Bullish Charts - Coil, Pennant, Flag - Vans with Drones

Workhorse Group Inc . designs, manufactures, builds, sells, and leases battery-electric vehicles and aircraft in the United States. It operates through two divisions, Automotive and Aviation. The company also develops cloud-based and real-time telematics performance monitoring systems that enable fleet operators to optimize energy and route efficiency. Its products include electric cargo vans, and medium and light-duty pickup trucks, as well as HorseFly delivery drones systems. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc . in April 2015. Workhorse Group Inc . was founded in 2007 and is headquartered in Loveland, Ohio.

Today, there was an article on Dow Jones talking about Workhorse Pairing Vans with Drones to Drive Deliveries.

On 07/24/20, there was another article, "Trucks of the Future." & "Electric Trucks are the Future." - Beautiful Electric Truck

On 07/23/20, Workhorse reported a purchase order for 20, C-1000 Electric Delivery Trucks.

On 07/21/20, Workhorse talks about supplying electric trucks to the Postal Service.

Does the news get any better?

Yes, on 07/14/20, Workhorse announces Ryder will now offer the C-1000 All-Electric Step Vans for rental locations.

On the Daily Chart , it looks to me like it's flagging, Bullish

To some, it might look like an uptrending coil or a Bullish Pennant .

No matter how you look at the daily chart , it looks to me like a very Bullish setup.

RSI is turning up, Bullish
OBV is turning up, Bullish
Stochastic is turning up, Bullish
Accumulation is Bullish

I see big things coming for this company!


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