WKHS waiting to break out from this falling wedge! Expecting a drop to my .618 and bounce up. If we break under 23.40 we could hit my support zone at 22.69 . Looking to see a move back up to $27 if price can hold above 23.40.
On days like today, you have to zoom out and take in the bigger picture. As long as the support levels continue to hold, and PA follow the yellow algo trend line, this is still a bullish chart. If they break down, so be it move on to next SPAC, but it’s hard to stay bear when you know there is fundamental news coming, and the existing fundamentals support a higher...
Hey there. I believe we're working on sub-wave C of this holding pattern. Will need to complete horizontal pattern before we hit wave 5. Don't let the bears scare you. Would love to hear opinions to the contrary.
WKHS working its back back down to that support trend line. Good short to my .618 retrace at 22-23 area and with USPS catalyst we could see a bounce from that to 30$
My plan
SHORT PT 22 by EOW
then scale in for long with usps catalyst coming soon
LONG PT 33 by 2021
WKHS done with corrective Wave A & B. Now initiated Wave C targeting $14 and in case there is a deal is on (Good News) then this set-up will be invalidated.
Putting more stress on the price action around $25, $DPHC STOCH and RSI are looking like they are posing for a test of the Bullish Control Zone, so look for this test of resistance soon. If it fails, we could be confirming the bear flag, sadly. Daddy EV TSLA will play factor here.
LONG TERM SUPPORT AND RESISTANCE TREND LINE + POTENTIAL 50/200EMA DEATH CROSS BEING DEFENDED + COMPLETE FIB RETRACE = FIGHT FOR PRICE ACTION.
Break above here and DPHC is moving back to $30
WKHS stock has completed 5 Impulse Waves to upside, now in Wave ABC correction where currently in Wave B.
If there is no deal by end of the month then it'll dump hard to $14 as first target. In case there is a deal then it'll start a new impulse wave up to $200+ after Wave C correction.
Even indicators are showing downside. So, make sure to keep stop loses in...
Workhorse Group Inc (WKHS, $30.27) is predicted by Tickeron A.I.dvisor to grow by 4% to $31.48 or more within the next month. Keeping in mind similar previously-analyzed scenarios where the stock trended up during the month, the odds of an Uptrend continuation are 88%. Current price $27.51 is above $18.20 the highest resistance line found by Tickeron A.I....
Workhorse Group (WKHS, $22.39) was one of top quarterly gainers, jumping +492.33% to $22.39 per share. Tickeron A.I.dvisor analyzed 31 stocks in the Auto Parts: OEM Industry over the last three months, and discovered that 21 of them (68.18%) charted an Uptrend while 10 of them (31.82%) trended down. Tickeron A.I.dvisor found 400 similar cases when WKHS's price...
