WKHS trade ideas
WKHS to the upsideWKHS still has a lot of potential I believe looks like we may be in some sort of side ways channel PTs are marked above first PT has been reached
Finishing off an ending diagonal, 100% returns possibleWKHS is finishing an ending diagonal as shown by the trendlines. Now is a great time to buy to ride the last wave 5. Take profits at / near the upper trendline.
WKHS- The Strat- MegaphoneLooks like a 2-2 reversal on the daily. Looking for the move up to the top of the megaphone next week
Workhorse workhorse workhorseI see a Cup & Handle
Wait for the dip or you can play the dip (handle)
Get in when the break out of the handle occurs because i think it will go up much higher if this is correect
Shooting star reversal on the daily - potential trend reversalIf the much anticipated contract award is not announced tomorrow, could expect a re-test of the 50 EMA support around the $21.54 as soon as this week.
Second bullish flag?Was looking more closly at the Daily chart, and saw the second bullish flag possibly. Theres been a few good news on the company, but nothing of the USPS contract. Expect the Announcement to be made by the end of the year.
WKHS 15.10.20 LongAsset and Time frame - WKHS,1H/4H WKHS
Entry Price -21.97
Exit(Stop Loss) -20.78
Exit(Take Profit) -25.91
Technical Analysis - Price broke a confirmed trend line, but daily chart and RSI is still bullish, price reached a significant support line and on his way to the -27.2 Fibonacci level(4H), on the daily chart theres a 50DMA and the 61.8 Fibonacci level for support..
personally I would wait for a solid bullish candle to close, then enter the trade from the -27.2 level or the blue support line.
Good Luck!
$WKHS Workhorse Group INCI played this way back at $7 and today Its looking like its going to do what I think its going to do.... 50 50 when it comes to things so, i gotta be prepared. Kinda in the red right now but my avrg is looking really good. I hope it doesnt go under 22.50
I'm loading up. I'll wait. Election day and all this other stuff is coming. By Nov, I see this stock probably at 28 easily!
#TradeSafe
#InvestSmartWAAS
#WKHS
#WorkhorseGroupINC
$WKHS Breakout on 3x Avg Volume - Bullish Options Activity$WKHS Breakout on 3x Avg Volume Today
Bullish Options Activity
$6.5M in $45.00 strike (deep OTM) April'21 calls traded today (5x OI) - just to get to $45 we would have to see a ~70% move from today's closing price.
Near term target: $36-$39 range by mid-November
Note: This is NOT investment advice.
WKHSGapped at the open and now resisted at ATH. Will likely need high volume to push above that, will probably base here before next leg up
MACD Looking bullish. Alot of people are saying we can expect news on the USP Contract tomorrow. They just announced 200 million dollars in notes. Chart is looking bullish in my opinion.
$WKHS WorkHorse Group $35 target
Potential breakout to new highs underway for WKHS
Indicators bullish and volume increasing
WKHS Long Set UpAs you must have noticed most of our previous posts have done well. DDOG, FSLY, DKNG, DHR, and many others. WKHS is now setting up for a move. One can take a long position with half qty and go in full after retest. As we all know about Workhorse deal with USPS that is in the pipeline. This may be a good long set up for the 5th wave. This posts are educational purposes. Do not buy or sell any assets reading these posts. Please do your own homework before making any transactions.
WKHS break out on good volume. Can test ATHWKHS broke out of its pull back on Friday. The pull back was a good retest of the previous highs set in July. Now WKHS seems ready to test ATH. Volume has generally been higher on green days which is bullish. Stop loss can be 22.50 or under 23.50 depending on risk tolerance. A morning dip would be an ideal entry tomorrow morning. I'd avoid buying right at the open if it gaps up.
Possible cup and handle This one could go lot of ways, im hypothesizing 2. lets see how it plays out.
WKHS Breakout in progressWKHS broke out above the asymmetrical triangle pattern and MACD crossover is about to happen on the next 4H candle
