WKHS trade ideas
$WKHS$WKHS
Triple top - sent stock back down 25%
Resistance: $8.88
Support $7.47
Some one is ready with their sell order @ 10 though.
Will expect a ton of volatility. So if you want to stay long, be ready for the big price swings.
If anyone wants to fill me in on everything, I love learning as well so send links.
$WKS Workhouse Breakout potential Workhorse Group, Inc. engages in designing and build performance battery-electric vehicles and aircraft. It develops cloud-based, real-time telematics performance monitoring systems. The firm operates in two divisions, Automotive and Aviation. The Automotive division operates as a original equipment manufacturer of class 3-6 commercial-grade, medium-duty truck chassis, marketed under the Workhorse brand. The Aviation division offers delivery drones and SureFly multicopter. The company was founded by Stephen S. Burns on February 20, 2007 and is headquartered in Loveland, OH.
$WKHS strong momentum with volume$WKHS has a strong flow, volume pouring in....needs to break 3.60 to propel higher!
Workhorse groups bullish channel The technicals are showing buying signals with both a long term bullish flag and a recent retrace of a new bullish channel in the pattern
Thoughts?
WORKHORSE uptrend has crossed prior downtrend. BUY WKHS 5/1 Trade profile found with WKHS. BUY $2.96 Target $3.77
Previous 4 month uptrend made prices rise by 4.00, followed by 3 month downtrend.
Price is now attempting to break above $3.00 pivot point where support became resistance during previous moves. With price now in a new forming uptrend and moved out from prior downtrend, look for price to track along support line towards resistance. Leading Indicators have also signaled their setup for new uptrend to proceed. First price target is $3.77 resistance area. BUY at $2.96 SL at $2.80 5/1 odds risk $0.16 to make $0.81.
Dr.RAV
Again Kicked Off Stocktwits, This Time For 'Foul Language" But that was my shtick..lol
I would refuse to block people and instantly answer all trolls, even though they say you're not supposed to do that...lol
They were also blocking my posts. My PRTS post got several upvotes, but when I was browsing the thread a few days later I noticed that it was gone....Weird. Stocktwits was my top traffic aggregator too so this is a big hit. It's so hard to get traffic everywhere else because of all the bots and shadowbanning. Reddit, shadowbanned; Facebook, shadowbanned; twitter, account suspended; ihub banned; yahoo, you're only allowed to post once per day. Where do you go?? Google doesn't even pick me up anymore. They were for awhile, but they stopped after my Workhorse post.
I noticed I was getting search engine traffic for my first Workhorse article, then after a few more sporadic views, it just came to a complete standstill. It was probably one of those 'Fact Checkers' rating the post or something, who knows. You can't find my Workhorse articles anywhere in the search, yet they are the most in-depth and timely written articles on the internet . Today, anything that goes against the consensus is blocked. I turned out to be right too, and google blocked people from seeing that
Potential falling wedge on WKHSIm saying "potential" cause I am waiting for another touch of the bottom trendline support
Kicked Off of Stocktwits for Attempting To Expose This ScamThis is the world we live in folks. Now banned from every major platform. Twitter account suspended; Facebook shadow-banned; reddit shadow-banned; and now stocktwits out right banned
$WKHS Bullish development for WorkhorseWorkhorse Group is meanwhile among the bidders for a lucrative contract to make plug-in mail trucks for the U.S. Postal Service. The two companies share intellectual property related to electric-drive systems, Burns said.
If Workhorse wins the postal contract, the Lordstown plant could eventually build those vehicles, but it isn’t guaranteed, he said. Lordstown Motors does have an agreement to transfer 6,000 existing pre-orders for Workhorse’s electric truck prototype called the W-15 to Lordstown Motors for production.
If he raises the cash to get Endurance into production, Burns said he would work with the UAW and look to hire staff who didn’t accept the automaker’s offer to transfer to one of its other facilities. He wants experienced vehicle assemblers to build the trucks.
SICKofWinning Gave a Tell Last Night On Stocktwits. Large SizeI suspect he is manipulating the price. He has 24 thousand posts and his account is only 4 months old. This stock is highly manipulated, and plus it's at a support level. A lot of buzz too
$WKHS short set up. Pumpers on ST and Twiter are keeping on repeating their foolish mantra. About to learn something... The bearish rising channel is broken and lower prices about to follow.
WKHS reviewThis is a review of the chart I posted a few days ago. WKHS went up to a maximum gain of 18% since I posted with a small pullback. Check the charts if you don’t believe me... I hope some of you (at least 1) made money on my setup( I also layed out a triangle formation ) Feel free to give constructive criticism or an idea/question
WKHS Continues Higher But Can It Keep Going?With such a big run this year, can WKHS continue higher after those earnings results?
"Little known electric delivery vehicle maker Workhorse Group Inc (WKHS Stock Report) had found itself in the limelight earlier this year. We reported on this case after it became the leading contender to take over General Motors’ production facility at Lordstown. After the news came to light, thanks to United States President Donald Trump, WKHS stock soared for months as investors believed that the company could be on to something big."
Quote Source PennyStocks.com
up or down ? it depends on what candle make on monday, my precast is up....
what is your idea? up or down?
$WKHS Bearish pennant set up and new lower target :($WKHS did not finish development of descending triangle pattern. In my view for the long term that would be a much better scenario. In that case, we would bounce really good of lower price and have an awesome rally. However, the price moved sideways forming bearish pennant and my outlook for $WKHS changed. I still would look for entry but at a lower level then I thought before and if we will follow this path, future development does not look as attractive as before.
Of course, there is always the possibility to breakout to the upside on any positive news but I would limit chances of that to about 25%. Stock still packed with scared money and before any significant move up we need to clear them out.
Moving average support more bearish idea. 9MA is about to cross 50MA. Price reached upper trendline of bearish pennant and 21MA and that is a very serious resistance that will be hard to breach without news.
