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...
The Stated Value of the Preferred Shares is $20.00 per unit, and the annual interest payment, which is to be paid out in quarterly installments, is 8%".
That translates into $2,000,000 worth of shares per year. In regards to the warrants, if we multiply 7.41 by 1 250 000, we get 9,262,500 common shares, and it says that the warrants are exercisible...
Went up to fast, needs to get corrected; im thinking that it will go towards 2.15; at which point the chart will start to look more normal; beyond that, it will continue upwards;
Pay close attention the next few weeks. I think we're seeing a transition from bear to bull, but the long doesn't have to be forced.
There looks to be plenty of trapped buyers from the descending triangle area that are selling off near their break-even. Also note the near 100% buy volume area just to make it to this level (smart money pushing price up in an...
MR TRUMP turned this stock into a spin yesterday as it gained 300% on his tweet announcing that GM will be selling their Lordstown Plant to electric truck company Workhouse Group. Keep it on the watch for announcements and confirmations of contracts etc.
Company Description
Workhorse Group, Inc. engages in designing and build performance battery-electric...
WKHS has been on a multi-day decline and broke below the bottom trend line. On 3/22 it saw it's first green day with a nice bullish candle potentially signaling a reversal coming. Today (3/22) opened above yesterday's close and ended the day strong at 2.83 with a 2.87 HOD. Next week it needs to break 2.85 and close green to confirm a reversal where the next...
