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
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.
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.
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...
NKLA off the 50sma? with TSLA, WKHS, NIO and other EV manufacturers blasting higher, can NKLA soon follow. Might be low risk here. What do you think? Up 9% pre market.
a bunch of momentum in this stock not to mention the momentum in it's specific EV sector with $TSLA showing historic gains and $NIO joining the party. The companies with product out now are getting rewarded as Nikola has seen a bigly reversal. Don't see much downside but always need to be aware and focused when watching your investments. Complacency is the easiest...
$WKHS at a $20.15 price point, I said should drop to $17 and retrace to $30 . Right now it is $16.84, and the prediction I made was at $20.15. It dropped slightly more than expected, given many bearish riders, but I think most of that prediction should hold true. I predict the next target for a retracement could still be a breakout towards the $28, possibly $30...
