WKHS appears to be in a stabilization phase with longer than expected.
Despite the low production of vehicles expected for the next year (1,500 trucks) any new news would send the action to its previous levels.
Its resistance is 40% higher at around $ 30 which is a good incentive to take a chance.
The trend in the 35-period MA of the OBV shows a slight recovery...
Even though VXRT is in the stabilization phase, it could continue to rise 20% to its next resistance of around $ 9.
Good news with possibilities in India and upcoming oral vaccine news.
OBV reveals that money is still coming in and has a positive slope.
If someone wants to buy WKHS I would expect it to bounce off its support around $ 19.
From there to his bounce to $ 25 at least based on his collarbone (Double bottom pattern)
That would be like a 35% profit
WKHS has good short-term prospects, it is at its lowest point and could rise above 60% in just over a month.
It delivers results on November 9 before the market opens.
Profits / Losses are estimated at -0.1. Sometimes a penny makes a difference and the stock jumps up.
In addition, Workhorse (WKHS) has something to say about Lordstown Motors (RIDE), which has just...
I think ERF is going up with an angle of 42º Up , wich is great.
I´m looking the 15 minutes chart
Up hill awaits a Resistance at 2,87 dolars where will see what´s happens
But we have 5,5% of expected gain if so happen
From bottom to Up is a gain of 8%