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"...
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!
Oshkosh Defense will manufacture postal delivery vehicles, which will drive the “most dramatic modernization of the USPS fleet in three decades.” Under the award’s initial $482 million investment, Oshkosh will finalize the design of the vehicle for mail and package delivery, and will assemble 50,000 to 165,000 of them over the contract period.
The vehicles will...
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!
MA on 20 for length
MACD looking VERY BULLISH
Well, what can I say??
BUY WORKHORSE!!!! I've held from the 16th till now. Huge mistake not really checking out my move but I held strong and now above my mark of $23.
Still waiting on the greatest news ever I assume but at the same time, watching to see if this can continue on its roll. I would...
WKHS working its back back down to that support trend line. Good short to my .618 retrace at 22-23 area and with USPS catalyst we could see a bounce from that to 30$
SHORT PT 22 by EOW
then scale in for long with usps catalyst coming soon
LONG PT 33 by 2021