This is a follow-up to my previous posts.
Today, Nikola announced the joint venture with CNH Industrial that I have been talking about for several weeks.
Why this stock is not moving way up on all the great news is beyond my understanding.
The IVECO unit of CNH Industrial has been building big rigs for decades, and will jointly start building the Tre in...
We have a nice setup in #NKLA here. I'm already long from lower, but looking to add some exposure to ride this move.
I'm overall impressed with the huge short interest in the stock, it pays off to hold shares in a margin account and lend them to short sellers, while benefiting from this trend.
You can do this with certain brokerage firms that share part of the...
I am interested in $WKHS here, been eyeing it for ages since @timwest brought it up long ago. There's now an active long term uptrend at play here, which may result in a very profitable trading enviroment, if it pans out. You could milk this trend and the key levels in the stock with various methods, using T@M and Key Hidden Levels techniques.
Keep an eye on this...
Pumpers on ST and Twiter are keeping on repeating their foolish mantra. About to learn something... The bearish rising channel is broken and lower prices about to follow.
GME has been beaten down most of the year. It's great to see positive news but unfortunate that they had to do fat trimming at the expense of employees. Either way, the news that Michael Burry is invested hasn't hurt (yet). We'll have to see if it has a lasting impact still. Overall, the chart looks interesting.
Video game retailer GameStop Corp. (GME Stock...
With such a big run this year, can WKHS continue higher after those earnings results?
"Little known electric delivery vehicle maker Workhorse Group Inc (WKHS Stock Report) had found itself in the limelight earlier this year. We reported on this case after it became the leading contender to take over General Motors’ production facility at Lordstown. After the...
$WKHS did not finish development of descending triangle pattern. In my view for the long term that would be a much better scenario. In that case, we would bounce really good of lower price and have an awesome rally. However, the price moved sideways forming bearish pennant and my outlook for $WKHS changed. I still would look for entry but at a lower level then I...
Generally, smart people hate bashers and pumpers. They do not look for "fake news" posts. They need realistic TA report, regardless of how good or bad it is. My fresh view on what is in making here. Take care...
I have been long here, trading in and out and believe that this stock has a great future. I would like to eventually establish long term position but for now, I earn extra shares by trading it. Here is my view on what is going on here.
Stock is flooded with a bunch of emotional fools that overleveraged and go all in because this time it is different. Any time...
$WKHS broke out of pullback on good volume. Stock closed at the highest point in two years. This pullback just made this formation much stronger and solid. Price target still the same but I believe it will go much higher. This is very short term target. Do your own DD.
Bearish harami formed after strong rally. Decided to sell my position and look for another entry. Bullish outlook is absolutely unharmed, tree will be shaken and I hope to buy back at lower price. Market in general in selling mode and it will affect most of the stocks, no worries $WKHS will do great.
Price broke above 24 month high, on huge volume. Took some profit to have funds to buy on pullbacks if we have some. Based on today's action, we may see much higher prices then $5.72 short term. Momo type play is possible this week. Thousands of people just getting notice of $WKHS.
Few things you need to look for a perfect play in this pattern:
1. Ascending triangle are the most reliable in an uptrend, ideally when its formed after golden cross of 50 and 200 SMA.
2. Must have higher lows with increased short selling activity near horizontal upper line.
3. If you have breakout and on top of that you have new 52 weeks height, you have a...
