10M Confirmation Done!
you can take sniper entry at the low or enter now. take both and split risk!
up to you!
will take profits on the way up to 27.
i really hope it comes to hit my pending too.
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...
After Bidens speech yesterday about electrifying the governments vehicles fleets it seems like wkhs is making a move towards new highs. That usps contract is looking more and more like WKHS will get a portion of the contract with the speech. MACD is widening green. RSI is overbought. Bullish chart.
Asset and Time frame -4H,WKHS
Entry Price -23.13
Exit(Stop Loss) -21.45
Exit(Take Profit) -29.63
Technical Analysis - Price action made an ABC touches on 4H Fibonacci levels, heading to the -0.272 level, the price has been moving inside a confirmed bullish channel, also, we have a morning star pattern just above the 100 MA(4H)
I would like to hear your opinions...
I am by no means an expert but have been keeping an eye on this stock action formation for awhile now. Looks to me like a breakout is coming soon. NASDAQ:WKHS
Post office truck deal rumorswith the incoming president overhaul initiative has it moving this morning
Targets are Greenlines.
Entry 28$
stop loss 27$
WKHS had a panic sell from retailers when Cathie from ARK sold some shares. Now that the weak hands are out, it can continue it's rebound back from the USPS contract sellofff. Note that Ark looks to have bought back WKHS shares around 300k worth Friday but moved funds from the prevous WKHS sale to PCAR IMO. WKHS also making higher lows showing resilience. This...
- WKHS showing life hopefully here soon as it has a very similar set up to RIDE and LAZR, which it should follow soon.
- Triangle diffrent types of wave counts but i feel like until we get a huge green candle or touch of the trendline we should get direction.
-Overall bullish along with energy keep this one on watch
Rationale:
- Green energy stocks will have upward pressure given the current political and economic climate.
- Options flow is highly bullish
- 23 has been acting as a key level ever since the gap down in December
- Price is currently sitting on a large volume shelf anchored to September, a large amount of demand historically in this region
- Price recently...
