Markets are very difficult things to predict. This is why we ultimately fall to the side of system trading. It's just too unpredictable. You might have a lot of fun coming up with the perfect answer to each and every chart setup, but it is better in the long run to let your problem solving nature focus on other aspects of life. Even if it's just a short break, if...
Defense contractor Oshkosh Truck Corp. (NYSE: OSK) won a 10-year contract to build next-generation delivery vehicles (NGDVs) for the U.S. Postal Service, beating out electric delivery van maker Workhorse Group Inc. DROP $WKHS for $OSK as soon as possible! You will thank me later! SUPER LONG!
WKHS (Workhorse Group, Inc.) is a swing-trade idea that presents the following (Bullish) conditions: 1.) The 5-day moving average is about to cross the 21-day moving average price. When short period moving averages cross above long period moving averages, it tends to indicate an upward price movement. 2.) The monthly "Moving Average Convergence/Divergence"...
Updated previous chart my mistake in drawing line... 10year USPS contract. Were going to ride the momentum here. Just play the pinbar or bullish candle strategy off the MA while it trends up and you should make some nice profit! Good luck!
Top of weekly trendline acted as strong resistance. You need to see the smaller timeframe Before considering possibly squeezing more out with what momentum may be left out of this but I would wait and catch a ride down. If you like my charts like/follow! message me for more.
We are looking at OSK for long term resistance at the 98 level. If we can break above and close over 99.8-100 we could see a 10-15% gain in the market. Looking for 115 at that point
weekly bias is bullish. h4 and daily is bullish.. wait OSOK model
E.W Detail @ The Chart
Entering OSK on the long side following the break of the base with volume. Open-ended target, running a trailer.
Is this a bullish time to enter for a swing trade?