Workhorse is slowly retracing after printing its ATH back at the start of Feb 2021 for $42.93.
We are currently sitting at the midpoint of the ascending channel at around $34 .
Looking at the speed of the WKHS rise I would like to see a retrace back down to the box marked on the chart, with confluences at the 0.618 Fib , 200EMA and Volume profile and the bottom of the channel .
I have alerts set and will be prepared to be buying up this Stock which has a big future .
Please show your support with a FOLLOW or LIKE ...I Post Setups everyday and cover all markets ....Thanks for stopping by
We are currently sitting at the midpoint of the ascending channel at around $34 .
Looking at the speed of the WKHS rise I would like to see a retrace back down to the box marked on the chart, with confluences at the 0.618 Fib , 200EMA and Volume profile and the bottom of the channel .
I have alerts set and will be prepared to be buying up this Stock which has a big future .
Please show your support with a FOLLOW or LIKE ...I Post Setups everyday and cover all markets ....Thanks for stopping by
Note
Pushed down to the 200EMA and the bottom of the channel but a good reaction all the same . We stayed inside the channel and now lets see if we can claim this support . Perhaps another retest before claiming but we shall wait and see . for now all is looking as expected .Note
wow wth happened here ...NASDAQ SUSpended TradingTrade closed: stop reached
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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.