In no way, shape or form am I an expert in charts but I like to look and learn from them.
Based on trading since June-July 2020, following seems to be key resistance and support for our horse.
$4.7 to $5.48 (currently we are in that trading zone)
$6 to $7.25 is where we traded from late Sept till Nov 2021
From early April till May 2021 there is a narrower...
Hello Traders
This week has been brutal for the Longs and a party for the shorts.
Since most of my ideas and publishings are mostly for breakouts and longs .. i have today come up with a YOLO stock.
WKHS has been a swing trade for me before the news of USPS contract came out.
Currently 30 percent of the flot of the stock ( facts check from websites and...
Brokerage firms use ratings when they issue stock recommendations to stock traders.
They usually have 1 year target from the moment they release the Ratings.
On 6/4/2021 Cowen Brokerage Downgraded WKHS to Market Perform $13.00
On 5/10/2021 Roth Capital Brokerage Lowered the Price Target from $15.00 to $8.50
On 4/16/2021 B. Riley Brokerage Initiated...
Big gap to fill up at $27-$31 range. Accumulating here. Look at previous daily drawing to see past and potential future support/resistance lines. not financial advice.
saw a sharp drop cause of losing UPS contract;
heavy overreacted and a counter move is possible
entered 15,20 USD
vwap sits atm at 20 USD as 1st TP
still 26,71 USD is possible with good earnings figures as 2nd TP
good luck
no trading advice
Currently seems to be feeling out the amount of supply at the new highs. Holding that current demand zone could prove very bullish for the short term but there is still a Supply/Demand imbalance from the move up to $31
Workhorse is one of our favorite EV stocks, one of the reasons for that is because it's been around for a while (started in 2007) and they are not just dealing with EV and EV batteries but also with Drone technology. Drone technology is expected to grow its use widely in the USA and following the announcement of the FAA that drones need to remotely identify...
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...
Maybe a temporary pause and possible continuation higher! However, a 15.94% gain in one day is not bad and is enough for some traders.
Between January 6 & 7, 2021, the pullback happened very quickly followed by a bull gap, and the stock rushed above the target price of $26 from my previous article on January 6, 2021.
This is a follow up writing for my...
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...
WKHS broke out of its pull back on Friday. The pull back was a good retest of the previous highs set in July. Now WKHS seems ready to test ATH. Volume has generally been higher on green days which is bullish. Stop loss can be 22.50 or under 23.50 depending on risk tolerance. A morning dip would be an ideal entry tomorrow morning. I'd avoid buying right at the open...
