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 was probably one of the most hyped stocks comparable to GNUS or even NKLA. Every boom has a response sadly. After returning nearly 1000% returns for those who got in early, it appears we're in the midst of a VERY heavy corrective wave that will hurt those who have entered in the past 2 weeks.
Retrace point of invalidation: 21.25
Conservative price target:...
$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...
1. This is a case of extreme "High Pole" formation.
2. There are not just ONE but TWO gaps underneath the current closing price.
Both of which are actually very BULLISH.
Correction are reasonable however even more IMPORTANT is the HOLDING THROUGH CORRECTIONS and STAY IN for MORE PROFITS.
If you got decent entries, stay in for AT LEAST 2 more WEEKS.
Use TIME...
I've been watching this one since last week. It only had one red day and is now at a all-time high. It also has been included in the added to Russell 3000 index. It should create some more All time highs this week.
A lot of indicators pointing upward. Just sayin"...
Workhorse Group, Inc. engages in designing and build performance battery-electric vehicles and aircraft. It develops cloud-based, real-time telematics performance monitoring systems. The firm operates in two divisions, Automotive and Aviation. The Automotive division operates as a original equipment...
