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...
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...
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
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...
Please note: I'm just sharing my view. its not a recommendation for buying or selling.
** 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...
This is the structure of workforce that i see forming. Please the pattern may change while its forming, but i will try to keep you updated incase of change of structure. Thank you for support.
** THIS IS PURELY MY OPINION AND I AM NOT LIABLE FOR YOUR TRADING DECISIONS ** Futures and pre-market showed a little bit a strength as we're opening a bit higher, but we're still underneath the major support (now resistance) red trendline. Volume will be low today due to shortened trading day and holidays, but let's see if we can at least close above the red...
** THIS IS PURELY MY OPINION AND I AM NOT LIABLE FOR YOUR TRADING DECISIONS ** Very interesting day today where even though we GOT the stimulus bill, the market did not seem satisfied. We remained under the major support (now resistance) trendline in red, which has served as support since the coronavirus low. There are 2 reasons this may have happened: (1)There...
Typical gap fill play, although i'm late to posting this, I entered at 23.00. You could wait for a retest of 23 or shoot for the gap fill.
Buying GP here, the EV market is just making crazy gains. This one looks ready to go. Price above the supporting moving averages.
TriangleS are repeatable trading chart patterns. Triangles are consolidation chart patterns that can breakout either direction. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the...
#WKHS about to go to work. Squeeze indicator on the 4hr. large Inverse Head and Shoulder formation retesting prior resistance...RSI with bullish divergence just the way your mom likes it. momentum turning up to complete the right shoulder... + gap fill at $25.50 zone. I'm sitting on 4 options and 20 shares. Put me in Coach!
After a MONSTER win on Slack ( WORK ) now we're on to a new horse - WKHS . We'll keep this analysis long and simple. Ha! We're buying stock (avg 19.70) and Jan 20C ($3.00) at this gap down to the T-Line following an Extreme Turn on the 4H.
based on AM 200 days and the 15-20 channel, it's reasonable to buy long in that purple zone. of course, this title can be triggered by news about USPS or others orders for its truck, but yet, that $15 can be a very good entry point considering it could be 3rd hit to $15 support, and also a good accumulation point.