Workhorse is one of our favorite EV stocks, one of the reasons for that is because it's been around for a while (started in 2007) and they are not just dealing with EV and EV batteries but also with Drone technology. Drone technology is expected to grow its use widely in the USA and following the announcement of the FAA that drones need to remotely identify...
I'm actually new in trading filed, i learded trading from different sources, colleges, online courses and experiences in forex market (and yes that was a fault for a beginner) , now i'm more interested in stocks and learning step by step, I'm basically like technical analysis and want to share my though with trading community
How to use the DMI indicator to determine if the current trend will continue or pullback!
The Directional Movement Index (DMI) indicator is used to determine the direction and strength of the trend. The average directional index (ADX) indicator determines whether the strength of the current price trend is strong or not. The lines are calculated based on the...
Rationale:
- Green energy stocks will have upward pressure given the current political and economic climate.
- Options flow is highly bullish
- 23 has been acting as a key level ever since the gap down in December
- Price is currently sitting on a large volume shelf anchored to September, a large amount of demand historically in this region
- Price recently...
The previous idea played out exactly, now from the chart It's clear that an ABC corrective structure has just been completed for the next impulse down. Thank you.
Pride Group Enterprises, which operates 17 retail and rental truck locations in the U.S. and Canada, ordered 6,320 vans for delivery between this July and 2026.
Cincinnati-based Workhorse expects to build 1,800 vans this year.
Workhorse plans to begin fulfilling a pending order from United Parcel Service (NYSE: UPS) for 950 C-Series vans this year. It had a total...
Possible Long in this .618 fib if not in the .786 fib where it meets the respected trendline for a hard bounce to the upside bullish news to look out for this one would be the contract that never gone through with ups keep this one on watch!
WKHS looking like a nice long after a nice trend change that i am hoping to happen a higher degree wave 2 looks to be finished with a daily low being set starting off for a possible wave 3 incoming if not a longer correction of ABCDE can also be formed but either way its looking amazing for the long term. Volume average is picking up it did reject so i will wait...
Workhorse (WKHS) retraced to the 0.618 after an impulsive wave 1. EV sector is primed to run-up with democratic election win. WKHS has been in rumors with USPS contract and could be a major catalyst for a wave 3
** THIS IS PURELY OUR OPINION AND WE ARE NOT LIABLE FOR YOUR TRADING DECISIONS **
Happy New Year! Looking forward to the first trading session of 2021. Let's get to it!
If you've been following our analyses on TradingView, you'll know that we have been very bullish in the short-term, and that we believe we are about to experience (or in the midst of...
