WKHS in lateralization mode
WKHS appears to be in a stabilization phase with longer than expected.
Despite the low production of vehicles expected for the next year (1,500 trucks) any new news would send the action to its previous levels.
Its resistance is 40% higher at around $ 30 which is a good incentive to take a chance.
The trend in the 35-period MA of the OBV shows a slight recovery and a smooth inflow of capital into the stock.
In any case, it would not be a bad idea to have a stoploss close to $ 20 in case traders lose their patience and decide to sell. It is a good precaution.
Regardless of what has been said, I maintain my optimism
Despite the low production of vehicles expected for the next year (1,500 trucks) any new news would send the action to its previous levels.
Its resistance is 40% higher at around $ 30 which is a good incentive to take a chance.
The trend in the 35-period MA of the OBV shows a slight recovery and a smooth inflow of capital into the stock.
In any case, it would not be a bad idea to have a stoploss close to $ 20 in case traders lose their patience and decide to sell. It is a good precaution.
Regardless of what has been said, I maintain my optimism
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