Description
⋅ WKHS is in similar circumstances as NKLA in the potential for a delisting due to low share
price. NKLA has been cleared and is a bit above $1.00 ( see my bullish bias idea)
Here WKHS is below $1.00 but is apparently reversing. On the 30 minute chart, price is rising
and is above various VWAPs anchored to the left at various points. The last trading day
saw a price rise of over 8% Relative volatility has changed from red to green and is above the
running average. The zero-lag MACD shows parallel lines rising above the histogram. The three
in one indicator shows that money flow, RSI movement and momentum are all bullish.
I see the setup as sufficient for potential profit given the risk. I will take a long trade here
selecting an exact entry on a lower time frame chart. The stop loss will be just below the VWAP
lines at $0.8335. ( A rising tide lifts all boats? - FSR FCEL PLUG AND NKLA are rising . so
are TSLA and Ford- I love the buoyancy !)