$DPHC Good Buying Opportunity for next leg up Should follow the trend line. Any news could spike the price. Below the trend stop loss at 25.50
WKHS
DPHC could also be forming a bear flag, $25 test is hugePutting more stress on the price action around $25, $DPHC STOCH and RSI are looking like they are posing for a test of the Bullish Control Zone, so look for this test of resistance soon. If it fails, we could be confirming the bear flag, sadly. Daddy EV TSLA will play factor here.
KEY TURNING POINT HERE! BREAK AND WE GO TO $30LONG TERM SUPPORT AND RESISTANCE TREND LINE + POTENTIAL 50/200EMA DEATH CROSS BEING DEFENDED + COMPLETE FIB RETRACE = FIGHT FOR PRICE ACTION.
Break above here and DPHC is moving back to $30
WKHS - Next week is Do or Die - Deal $200+ & No Deal $14WKHS stock has completed 5 Impulse Waves to upside, now in Wave ABC correction where currently in Wave B.
If there is no deal by end of the month then it'll dump hard to $14 as first target. In case there is a deal then it'll start a new impulse wave up to $200+ after Wave C correction.
Even indicators are showing downside. So, make sure to keep stop loses in case you are bullish and don't get burn with Greedy.
WKHS,enters a monthly bullish trend.Expect Uptrend continuationWorkhorse Group Inc (WKHS, $30.27) is predicted by Tickeron A.I.dvisor to grow by 4% to $31.48 or more within the next month. Keeping in mind similar previously-analyzed scenarios where the stock trended up during the month, the odds of an Uptrend continuation are 88%. Current price $27.51 is above $18.20 the highest resistance line found by Tickeron A.I. Throughout the month of 08/19/20 - 09/21/20, the price experienced a +84% Uptrend. During the week of 09/14/20 - 09/21/20, the stock enjoyed a +16% Uptrend growth.
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for WKHS just turned positive on August 31, 2020. Looking at past instances where WKHS's MACD turned positive, the stock continued to rise Tickeron A.I. shows that in 33 of 41 cases over the following month. The odds of a continued upward trend are 80%.
Following a +14.09% 3-day Advance, the price is estimated to grow further. Considering data from situations where WKHS advanced for three days, in 243 of 281 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 165 of 209 cases where WKHS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 79%.
WKHS a quarterly gainer,rising +492%.Expect Uptrend continuationWorkhorse Group (WKHS, $22.39) was one of top quarterly gainers, jumping +492.33% to $22.39 per share. Tickeron A.I.dvisor analyzed 31 stocks in the Auto Parts: OEM Industry over the last three months, and discovered that 21 of them (68.18%) charted an Uptrend while 10 of them (31.82%) trended down. Tickeron A.I.dvisor found 400 similar cases when WKHS's price jumped over 15% within three months. In 202 out of those 400 cases, WKHS's price went up during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend continuation for WKHS are 51%.
Current price $23.69 is above $17.39 the highest resistance line found by Tickeron A.I. Throughout the month of 08/10/20 - 09/10/20, the price experienced a +55% Uptrend. During the week of 09/02/20 - 09/10/20, the stock enjoyed a +34% Uptrend growth.
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for WKHS just turned positive on August 31, 2020. Looking at past instances where WKHS's MACD turned positive, the stock continued to rise in 36 of 41 cases over the following month. The odds of a continued upward trend are 88%.
Following a +19.84% 3-day Advance, the price is estimated to grow further. Considering data from situations where WKHS advanced for three days, Tickeron AI shows that in 240 of 278 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.
WKHS Retrace or break out casesWorkhorse has been getting a lot of attention lately and is one that has captured my eye for a little while now. We're at a point where I think we see either a breakout or some support tests, on the smaller time frames I'm watching this H&S pattern develop. If we break down from here there's several levels of support we can test before continuation, otherwise if we break above this neck line i believe we re-test $25 but target $27+.