Workhorse has been getting a lot of attention lately and is one that has captured my eye for a little while now. We're at a point where I think we see either a breakout or some support tests, on the smaller time frames I'm watching this H&S pattern develop. If we break down from here there's several levels of support we can test before continuation, otherwise if...
There's been a lot of talk regarding rate cuts we could have possibly seen that priced in with the bounce on Friday and initially I was looking for it to back test around 3060 but with bad news piling in (first US death/community transmissions) I'm looking for it to test the levels below possibly with a rough open on Monday. Next levels I'm looking at are around...
