WKHS Fib 618 simple play
WKHS
Today 11/28/20 645pm pst
Plan: fib play, 618 to fib 1
Reasons:
WKHS is reacting alright to the fib 618. It's under a strong upward trend from Nov 1, but the Fib 1 line at $30.00 might be a psych barrier for now. I expect WKHS to zone trade until it hits big news (beyond what's priced in, like the UPS Truck render). So be basic with me, play the 618 fib.
If this play fails and WKHS continues tanking, I would super expect it to bounce up on the Fib 283/price line $21.00
Today 11/28/20 645pm pst
Plan: fib play, 618 to fib 1
Reasons:
WKHS is reacting alright to the fib 618. It's under a strong upward trend from Nov 1, but the Fib 1 line at $30.00 might be a psych barrier for now. I expect WKHS to zone trade until it hits big news (beyond what's priced in, like the UPS Truck render). So be basic with me, play the 618 fib.
If this play fails and WKHS continues tanking, I would super expect it to bounce up on the Fib 283/price line $21.00
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.