NASDAQ:WKHS Here on the 15-minute chart, WKHS is seen in an early breakout from a descending triangle, Trendlines and relevant overhead resistances are shown. A long position is shown with a 40% upside and an inital stop loss of 8 % for a reward to risk of 5. The stop loss would be moved to breakeven upon 10% price rise. While this is a long stock trade...
WKHS on the 2H chart is showing an ascending megaphone pattern. Price is currently sitting on the ascending support line and above the POC of the volume profile. The MACD lines are underneath the histogram while the RSI is in the mid-range. I see this as a swing long setup targetting first the top of the volume profile and then the upper resistance trendline ...
In this daily chart, I made a composite index of electric vehicle stocks using an approximate formula weighed by stock prices but not market cap. ( ( $NIO + $LCID + $RIDE + $NKLA +$WKHS) x 50 ) + $TSLA This serves as an approximate normalization adjustment of the varying stock prices in the collection of stocks. I did this to later check to see if there is...
I will list a series of facts, which make me think we can gamble a small amount of money on a long shot trade entry in $WKHS: The new climate spending bill includes items that could benefit EV names, and there could be renewed interest in names that could end up landing the deal with the United States Postal Service to provide them with vans. www.bloomberg.com ...
Workhorse Group Short Term We look to Sell at 3.19 (stop at 3.42) A shooting star has been posted as prices reject the higher levels. Previous resistance located at 3.14. The medium term bias remains bearish. Upward pressure has continued and we are assessed as being in the corrective leg before the next selloff. Our profit targets will be 2.67 and 2.45...
as per daily waves, it looks like has to complete the fifth leg down by mesuared move.
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 $7.25 is where we traded from late Sept till Nov 2021 From early April till May 2021 there is a narrower...
I should have been posted this 3 days ago. I see potential long position above 4.50 with a couple of targets
After hitting a high of 42.96 on 4 Feb 2021 (more than a year ago!), WKHS was on a long term decline until recently when it looked like WKHS has finally bottomed out, forming a mini inverted Head & Shoulders pattern and has since broke up decisively above this neckline yesterday. Any near term pullback is likely to be supported at the neckline @ 3.90. And when...
Workhorse Group Inc., a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. It also provides Metron,...
Dear Friends Monthly Demand Zone is Strong Enough and In Daily TF Last Supply Zone Destroyed We are Waiting Price Comeback To Daily Zone 1:41 Risk To Reward For Following Month isn't Great??
Workhorse is breaking out of a long downtrend, which lasted more than a year. Can this "horse" run to 7$?
cypher harmonic pattern: X=$61.5 AB=0.61 XA BC=1.41 AB 0.78 XA=$24.47 1.27 BC=$29.7 0.88 XA=$37.64 1.6 BC=$96.67 1.13 XA=$107.65 2 BC=$355 the 2nd wave has been considered cypher too: ab=0.61 xa bc=1.41 ab
6.5 to 8 USD is it the buy zone? -85% from top 200 MA day support almost bottom of the green channel Share your opinion in the commend below :D
st & mt bullish outlook. rsi positiv. we should see a test of the dtl soon.
I am interested in $WKHS here, been eyeing it for ages since @timwest brought it up long ago. There's now an active long term uptrend at play here, which may result in a very profitable trading enviroment, if it pans out. You could milk this trend and the key levels in the stock with various methods, using T@M and Key Hidden Levels techniques. Keep an eye on this...