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...
$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...
Generally, smart people hate bashers and pumpers. They do not look for "fake news" posts. They need realistic TA report, regardless of how good or bad it is. My fresh view on what is in making here. Take care...
I have been long here, trading in and out and believe that this stock has a great future. I would like to eventually establish long term position but for now, I earn extra shares by trading it. Here is my view on what is going on here.
Stock is flooded with a bunch of emotional fools that overleveraged and go all in because this time it is different. Any time...
This stock has an absolutely perfect chart. Latest selloff changed nothing, just cleared overhanging overextended longs that went on margin and had no choice but to place the stops. MM's will always hunt on those and will do many things to collect their profit on that. Do not overextend yourself and you will do great. The price will keep on going violently along...
In this video I review the correlation between Gold/Silver and Bitcoin/Litecoin to help us gain insight into where Bitcoin may be headed next.
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WKHS - This looks to be the best setup with a nice support set at 3.41 and nice post market action would be looking a morning panic near support and wait for volume and tide change for entry looking for a nice 8-10% Bounce.
After calling the Cup and Handle breakout back in June - - and riding it up to the target, we are now finding a bullish ascending triangle forming which should bring us to our next price target of $5.60-$6.04 depending on the actual height of the triangle.
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$WKHS broke out of pullback on good volume. Stock closed at the highest point in two years. This pullback just made this formation much stronger and solid. Price target still the same but I believe it will go much higher. This is very short term target. Do your own DD.
I've been watching the ascending triangle formation and entered a position on the initial fake out then was stopped out. I rentered upon the second real
confirmation and took profits around $4, but am now in a new position entered into the bull flag with a stop loss of 3.56 and a price target of 5.24
I thought I had published this idea earlier, but it appears to...
Bearish harami formed after strong rally. Decided to sell my position and look for another entry. Bullish outlook is absolutely unharmed, tree will be shaken and I hope to buy back at lower price. Market in general in selling mode and it will affect most of the stocks, no worries $WKHS will do great.
Price broke above 24 month high, on huge volume. Took some profit to have funds to buy on pullbacks if we have some. Based on today's action, we may see much higher prices then $5.72 short term. Momo type play is possible this week. Thousands of people just getting notice of $WKHS.
Few things you need to look for a perfect play in this pattern:
1. Ascending triangle are the most reliable in an uptrend, ideally when its formed after golden cross of 50 and 200 SMA.
2. Must have higher lows with increased short selling activity near horizontal upper line.
3. If you have breakout and on top of that you have new 52 weeks height, you have a...
