*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Workhorse Group WKHS is a soon to be tech giant that manufactures and sells high performance trucks. Earlier this year my team road the WKHS wave from the low 20's to the high 40's. This was back when everyone thought they were a sure pick for a USPS deal that ultimately fell through.
recap: My team entered WKHS on 11/3/21 at $7.20 per share capturing a nice -7% dip. WKHS is currently trading at $6.55 per share.
My team has now added a stop-loss at $5.95. We still believe in the long-term success of WKHS, but if price swings below our stop-loss then my team expect WKHS to consolidate at lower levels short-term.
WKHS is expected to announce their third quarter earnings on 11/11/21 but this date is subject to change.
ENTRY: $7.20 TAKE PROFIT 1: $9.50 TAKE PROFIT 2: $16 STOP LOSS: $5.95
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