Workhorse has been getting a lot of attention lately and is one that has captured my eye for a little while now. We're at a point where I think we see either a breakout or some support tests, on the smaller time frames I'm watching this H&S pattern develop. If we break down from here there's several levels of support we can test before continuation, otherwise if...
WKHS is in Cup & Handle pattern targeting $32 by end of September. Please follow to get notified when I updated the idea. Good luck.
WKHS is one of my favorite EV companies. Currently holding 500 shares bought at 16.80 If it closes in the top wedge we will see a bullish move upward again. If it closes in the bottom wedge we will see WKHS test support around the 17-18$ levels again. :)
WKHS is in Base1 of Parabolic move. It could go $200+ at the end of parabolic curve if the USPS deal is on. Below is the parabolic pattern example: www.newtraderu.com
WKHS into the uptrend, target $21 on the way. Maybe pull back to $19, reinforce the bull strength. Disclaimer!
There is a possibility of USPS contract to $WKHS in the last week of Sept or 1st week of Oct (due to market correction). If it does, going to hit $218-$220 (Based on fib levels). In case there is no USPS deal then it's going to pull down to $4.
Have published the chart earlier for potential breakout - looks a good buy now T1 22$
WKHS breaking out of the bull flag, bullish RSI MACD showing.
It shows developping Descending Triangle pattern with lower highs and support @ $14.50.
WKHS looks bullish with flag pattern and good volumes target ATH and levels mentioned in the chart. I would wait for a clear breakout of the pennant to make an entry.
It shows developping head and shoulders pattern
Right now, two stocks that I am keeping a close watch on include WKHS and SHLL. I think that WKHS and SHLL should both have a positive swing pattern very soon, and overall I'm bullish. I think resistance and the short sellers are about to pop. That being said, proceed in your own risk. As always, everything I say is on an opinion based basis. Please do your own...
Lots of people have been overly bearish outside of the pattern it should be in, and aren't anticipating the USPS closed deal and upcoming announcements w/ WKHS. People see it going down, and they start automatically panic selling and expecting PRs every few hours. This has been happening w/ alot of stocks lately. It is an amateur's game in the market, especially...
Classic Elliot wave with double bottom. Without news this may complete with a lower PT around ~$10