WKHS trade ideas
WKHS Longterm SwingLooking at the daily timeframe ,
as you can see , we see a price is on the strong demand area , price tried to break below few times but failed to do so ,
so now we are just waiting the buyer to enter the market to push the price higher ,
price needs to break above $8 then we can expect a short squeeze coming in to play ,
now will be a great buy opportunity but remember to invest the money that you afford to lose ,
this giving us a 1:6 RR ratio ,
first target is at $17 which is 150% to the upside .
idk much about fundamental about this stock , i trade by using TA .
Let me know what do you think about my analysis on WKHS down below ,
Give it a like or comment if you like this idea .
WKHS Short Squeeze SqueezeWKHS has a float short of 37%
With financials (assets/income) rising, and debt to asset falling, it is in perfect position for a short squeeze. As of today, it is down 63% YTD, and should easily be a double digit stock.
WKHS is also beginning to break month long downtrends that form a falling wedge, which could trigger the squeeze. The 1 Week chart looks amazing, meaning this squeeze could take a long while to play out.
How to play:
10C or 15C, for 1 year out
$WKHS november update*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Workhorse Group $WKHS is a soon to be tech giant that manufactures and sells high performance trucks. Earlier this year my team road the $WKHS wave from the low 20's to the high 40's. This was back when everyone thought they were a sure pick for a USPS deal that ultimately fell through.
recap: My team entered $WKHS on 11/3/21 at $7.20 per share capturing a nice -7% dip. $WKHS is currently trading at $6.55 per share.
My team has now added a stop-loss at $5.95. We still believe in the long-term success of $WKHS, but if price swings below our stop-loss then my team expect $WKHS to consolidate at lower levels short-term.
$WKHS is expected to announce their third quarter earnings on 11/11/21 but this date is subject to change.
ENTRY: $7.20
TAKE PROFIT 1: $9.50
TAKE PROFIT 2: $16
STOP LOSS: $5.95
If you want to see more, please like and follow us @SimplyShowMeTheMoney
WKHS Analyst Price Targets and Shower Squeeze PotentialWorkhorse Group Inc. (WKHS) share float shorted: 36.60%
Yesterday $35.8Mil buy order at $7.17 covered with puts at 5 i think. 5.7K puts.
With this new EV frenzy, my price target for a potential short squeeze is the 12usd resistance.
You can see on the chart other price targets from analysts.
I look forward to read your opinion about it.
$WKHS the holy grail*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Workhorse Group $WKHS is a soon to be tech giant that manufactures and sells high performance trucks. Earlier this year my team road the $WKHS wave from the low 20's to the high 40's. This was back when everyone thought they were a sure pick for a USPS deal that ultimately fell through.
After downtrading from its all-time high of $42.96 $WKHS now sits at just $7.22 per share. Shares are incredibly cheap at this level. If $WKHS was being considered a contender for that USPS deal then its makes sense to think that they can turn things around if the right news gets out there.
My team entered $WKHS today at $7.20 per share capturing a nice -7% dip. This is a long-term hold, our team really loves $WKHS
$WKHS is expected to announce their third quarter earnings on 11/11/21 but this date is subject to change.
ENTRY: $7.20
TAKE PROFIT 1: $9.50
TAKE PROFIT 2: $16
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Can we do 150%??? Just technique. Possible shortsqueeze. Targets above. Rocket begins to take off.
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WKHS - a chance to make 53.00% profits WKHS on four hours
buy 6.90
Classic target 10.58, up 53.00%.
Hormonal targets:
First target 10.88 / 58.20%
Second target 13.81 / 100.00%
Stop loss closing below 6.03 / -11.85%
We raised the stop loss to the lowest price the prices reached during the decline in order to preserve the capital
WKHS - an exciting possibility with low riskI am watching the daily chart for a close over the downtrend line, and then high short interest may push price up fast. The weekly RSI may have had an inflection just below 34 (red circle); if it holds then price will start moving higher.
I have a small stock position now, with exits below 6.12 and 6.00.
Dec or Jan monthly calls, 7.00 or 8.00 strike, are low cost as well.
Workhorse could move quicklyso to me the stock sucks im not long or short im not anything but what we do get is a stock that's under $6 bucks with a 50% plus short interest and that's all im here for. i don't think to many people really care about if their making money i think they care about the iv spike and the stock is cheap the markets full of dumb money hopefully Cathy can say something to pump this thing again not a bad buy price lol