WKHS trade ideas
WKHS Planned Day TradeEven if this trade fails, this is more insight on how I put on my trades. Focus on your process and be consistent -> profits will follow. I will wait to enter until 5m RSI rises during power hour.
WKHS. Gap up.A lot of times gap up like this continue much higher. Stops are to be placed at the beginning of the gap. Let's see how this one plays out.
WKHS Ascending WedgeWKHS in 15M is trading within an Ascending Wedge.
Wait for 15M MACD cross for impulse and buy signal. That should lead to breakout and entry for higher levels.
Good Luck
WKHS Short Squeeze with Volume + Gap Fill potential.This is an insanely Shorted stock which broke thru the EMA with heavy volume. If the MEME Short Squeeze hype continues this could fill this gap at 30$ within a few days. Im really liking Calls with Time a month at least. Keep in mind this has a float 4x less than #AMC and it has a short interest 3x higher than AMC. Less Shares with a higher short interest = possible insane movement to the upside
$WKHS Weekly inside bar at trigger A few people asked about wkhs, it can work. Late to entry, it has a weekly Ib at trigger of this Cypher Pattern
WKHS meme stock. Starting to see and hear about WKHS being targeted by the meme stocks on Reddit. Lookin at the daily chart there is a huge spike in volume, and it is looking similar to those other stocks that have benefited from wall street bets. Decided to join in on this movement and got myself a small position. Keep an eye on the volume to see if it continues to go up. If the volume keeps up then i see WKHS going up. Be careful out there and dont go chasing.
Workhorse - Joined the meme stocks!-Workhorse Group, an electric-powered delivery and utility vehicle maker, joins the meme-stock club as its shares surge nearly 80% in five trading days.
-Workhorse shares were up 41.32% at $16.33 at last check, joining the likes of AMC Entertainment (AMC) - Get Report, Bed Bath & Beyond (BBBY) - Get Report, BlackBerry (BB) - Get Report and Koss (KOSS) - Get Report, all of whom have seen triple-digit percentage gains amid a renewed frenzy of retail buying.
-In Workhorse’s case, investors have been bidding up shares of an otherwise unknown player in the EV space, which as of its most recent quarter lost $120.5 million on sales of approximately $521,000, riding the wave of so-called meme-stock buying of stocks that traders collectively believe will rise in value.
-Trading in the company's call options was quadruple the average, according to Bloomberg, with premarket trading volume double its average.
-The unusual rise in Workhorse's stock, seemingly driven by no specific news, matches the activity seen in other stocks that have captured the imaginations and pocketbooks of retail traders encouraging one another on message boards like Reddit to jump into the stock-trading game on expectations of a quick profit.
EV plays may be starting to finally turn back around. I posted recently about SOLO and I am in a call trade.
I am also in HYLN in the red.
But I am seeing a pattern that they seem to be reversing. I like it when they move in tandem, Nio and tesla are doing alright too. This may be a good time to make entries into the sector, and see if you can get returns for a month or so. Make sure to have your stop losses.
$WKHS Target 24.89 for 52.14% $WKHS Target 24.89 for 52.14%
Or next add level is at 7.83
Hey hey... Workhorse got wild today... keep it going...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
WKHS now the most shorted stock on the market?interesting place for shorts to start piling into this AFTER the 80%+ decline. all the bad news is probably priced in so i dont know where these people are thinking all these new sellers are going to come from to make it dump from here.
I don't want the profit of the B wave of the $WKHSI will buy at $5.3
cypher harmonic pattern:
3-4=0.38 X-3
4-5=1.41 3-4
tp1=0.78 X-3=$7.4 *reached*
tp2=2 BC=$5.3
$WKHS Workhorse Group TA - Resistances/Targets
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2HR Confirmation Done. Pending Order SettWKHS lets make new all time highs or all time lowssss
Price inside 2D Demand and i got 2 HR Confirmation.
WKHS BUY OR LONG , TARGET $58 WKHS we have skipped buy point 1 at $30, but it's okay to have 02 buy point at $40.35, target $58, please
send me more names and less for review.
#PennantPattern.
WorkHorse .......Not WorkShort term wieuv......if it dosen't old the current price then there is a door open to 5 or even 4 usd at that point anything could happen.
Going back to penny stock area? or reverse to a new ATH?
Trade safe
WorkHorse 10 years planIf it dosen't disappiered .........i'll give 10 years to growth and put no more then 1k on it.
$WKHS Nice Entry for High volatility Options lovers Current 9.64MFI bottomed so its signals for bullish run for some days and RSI made double bottoms pattern if its broken then possible to fall quickly to 7.5 then 6 (previous gaps) which is around 30% move down from 9. candlesticks pattern likely bullish for short-term bounce to 12 then 13.8-16.6 and finally 18.2 But earning is next week too - move scale 4-5 weeks
WKHS no support until $5!Stock is already severely beaten down so I wouldn't go too heavy on shorts or puts but there is hardly any support before $5 meaning it could still lose half of current value before finding bottom!
WKHS approaching 90%This is a vital price zone for WKHS. A previous posted analysis stated that WKHS was too high and would retrace. It has broken the support zone I was looking for at the horizontal channel support and it is now approaching the horizontal trend-line. If this trend-line breaks, we could see WKHS in the $1 range again.
This vital trend-line does have confluence:
- Horizontal support (vastly more important)
-90% retrace zone from parabola.
