Waiting for the Swings: WKHS and SHLLRight now, two stocks that I am keeping a close watch on include WKHS and SHLL. I think that WKHS and SHLL should both have a positive swing pattern very soon, and overall I'm bullish. I think resistance and the short sellers are about to pop. That being said, proceed in your own risk. As always, everything I say is on an opinion based basis. Please do your own due diligence.
WKHS trade ideas
$WKHS Bearish candlesticks pattern Targeting 50% Fib at 12Overbought RSI at 97 . negative MFI signal topped 3 days ago, Bearish candlesticks with lower volume. if it goes above Thursday high at 22.9 then targets will be changed but more likely it will drop to at least 50% fib near 12 or even filling below gaps at 9 and 5 currently at 20.91 which near 400% retracement of previous top.
$WKHS is ready for a boost outside the bears & retail investorsLots of people have been overly bearish outside of the pattern it should be in, and aren't anticipating the USPS closed deal and upcoming announcements w/ WKHS. People see it going down, and they start automatically panic selling and expecting PRs every few hours. This has been happening w/ alot of stocks lately. It is an amateur's game in the market, especially with the huge EV bubble going on right now. People who thought this was amazing change it to neutral , and you have alot of Robinhood accounts getting this stock. Honestly, I don't like it when analyst change their minds like flipping a coin. It happens too frequently. Also, with the rise of Robinhood accounts you likely also see a rise of unprofessional investors who invest based on feeling. Right now, you have a lot of negative sentiment. Everything going on is okay, and I feel like those who lose patience may be in for an awakening. That being said, invest at your own risk. Perform your own due diligence, and as always, this is on an opinion based basis. Nothing I say is meant to be taken as serious actionable financial advice.
$WKHS long and strong a bunch of momentum in this stock not to mention the momentum in it's specific EV sector with $TSLA showing historic gains and $NIO joining the party. The companies with product out now are getting rewarded as Nikola has seen a bigly reversal. Don't see much downside but always need to be aware and focused when watching your investments. Complacency is the easiest way to lose your profit after putting in the work to get you in a situation of profitability; a lesson for myself and others don't get complacent. You never know what's going to happen in these markets and as of now $WKHS is a largely speculative stock/company. Great potential and upside, but is coming off of 12 days of green (following 2 red days) but we've seen these go either way so cautious with these high flyers cause they will fly in both directions.
WKHS - A Boom Now BustWKHS was probably one of the most hyped stocks comparable to GNUS or even NKLA. Every boom has a response sadly. After returning nearly 1000% returns for those who got in early, it appears we're in the midst of a VERY heavy corrective wave that will hurt those who have entered in the past 2 weeks.
Retrace point of invalidation: 21.25
Conservative price target: 12.70
Overall price target: 10.29
$WKHS Should Retrace, Previous Downward Prediction$WKHS at a $20.15 price point, I said should drop to $17 and retrace to $30 . Right now it is $16.84, and the prediction I made was at $20.15. It dropped slightly more than expected, given many bearish riders, but I think most of that prediction should hold true. I predict the next target for a retracement could still be a breakout towards the $28, possibly $30 price point. That being said, invest at your own discretion. As always, please don't take any of what I say seriously or as financial advice. This is on an opinion based basis.
How High Can This Horse Run?1. This is a case of extreme "High Pole" formation.
2. There are not just ONE but TWO gaps underneath the current closing price.
Both of which are actually very BULLISH.
Correction are reasonable however even more IMPORTANT is the HOLDING THROUGH CORRECTIONS and STAY IN for MORE PROFITS.
If you got decent entries, stay in for AT LEAST 2 more WEEKS.
Use TIME and TREND as your best friends!
WKHS Where's this pony running to?A lot of indicators pointing upward. Just sayin"...
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.