Workhorse WKHS - Big Potential BTD Opportunity LONG
Updated
Workhorse is slowly retracing after printing its ATH back at the start of Feb 2021 for $42.93.
We are currently sitting at the midpoint of the ascending channel at around $34 .
Looking at the speed of the WKHS rise I would like to see a retrace back down to the box marked on the chart, with confluences at the 0.618 Fib , 200EMA and Volume profile and the bottom of the channel .
I have alerts set and will be prepared to be buying up this Stock which has a big future .
Please show your support with a FOLLOW or LIKE ...I Post Setups everyday and cover all markets ....Thanks for stopping by
We are currently sitting at the midpoint of the ascending channel at around $34 .
Looking at the speed of the WKHS rise I would like to see a retrace back down to the box marked on the chart, with confluences at the 0.618 Fib , 200EMA and Volume profile and the bottom of the channel .
I have alerts set and will be prepared to be buying up this Stock which has a big future .
Please show your support with a FOLLOW or LIKE ...I Post Setups everyday and cover all markets ....Thanks for stopping by
Note
Pushed down to the 200EMA and the bottom of the channel but a good reaction all the same . We stayed inside the channel and now lets see if we can claim this support . Perhaps another retest before claiming but we shall wait and see . for now all is looking as expected .Note
wow wth happened here ...NASDAQ SUSpended TradingTrade closed: stop reached
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