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WKHS early breakout from Descending Triangle LONG
Workhorse Group, Inc.
Long
WKHS early breakout from Descending Triangle LONG
By AwesomeAvani
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Sep 10, 2022
3
Sep 10, 2022
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 setup, a call option trade could be
made from the chart setup here.
breakout
Descending Triangle
ride
Trend Analysis
Triangle
WKHS
AwesomeAvani
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