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WKHS

WKHS 1H TRIANGLE BREAKOUTTriangleS are repeatable trading chart patterns. Triangles are consolidation chart patterns that can breakout either direction. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart ). Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place. Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement. When you see descending Volume bars and descending ATR line (which indicates volatility ) this shows a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern. Trade Management after there is a breakout candle close. 1 - Position size (compare volume bar to volume ma line). a - Breakout candle must be 100% of volume average for a full position size. b - If 75% of volume average then ½ position size. (To find 75% of Volume look at the charts volume settings – divide smaller # into larger # = 75%+) If not 75% then stand aside from the trade. 2 – If candle breaks out of a trendline, 15m before the close of the day prepare your buy/sell order. Enter two trades. 1st trade will have a SL & TP. It will close automatically when the 1st TP is hit. 2nd trade only has a SL and will be allowed to run. When 1st TP is hit move the SL to breakeven. Look at ATR and prepare SL at 1.5 of ATR. Prepare 1st trade TP at 1 of ATR. 3 - SL for both trades will be 1.5 x ATR. 4 - 1st trade TP will be 1 x ATR. 5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price. 6 - When 1st TP hit – move 2nd trade SL to breakeven. 7 - Adjust the 2nd trade SL to follow price. *8 – After Breakout candle – if price closes back into chart pattern close trade don't wait for SL to be hit. *9 - When breakout candle is more than 1 ATR from breakout candle open. a - Enter 1st trade at candle close with ½ position size. b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open. c – Price should pullback to that pending limit order for 2nd trade. d – If Price returns back into chart pattern close trade before SL is hit. This trade post was provided by Ben Losier from TSG. Thanks Ben
NASDAQ:WKHS
by Tradingstrategyguides
1
$WKHS Workhorse Group INCYTD VIEW Auto Fibs MA on 20 for length MACD looking VERY BULLISH Well, what can I say?? BUY WORKHORSE!!!! I've held from the 16th till now. Huge mistake not really checking out my move but I held strong and now above my mark of $23. Still waiting on the greatest news ever I assume but at the same time, watching to see if this can continue on its roll. I would love to see $46 to be honest. Patience would be KEY! Very Proud of workhorse. I actually love the company idea and what they've accomplish. Good Stuff Work Horse! NASDAQ:WKHS The nerve of my friend calling this company pony horse... lol ASSHOLE jp! #WORKHORSEGROUPINC #TradeSafe #InvestSmartWAAS
NASDAQ:WKHSLong
by CriptoWild1
12
WKHSok, we had a divergence in the chart, in the two tops. now I expect the price to go all the way up to 40 on Friday of the next week (4th December?). It's based on a fact that I have seen happening quite a lot on the RSI divergences in the past 3 months. we will see. Anyway, I'm not in since it's still risky, more than usual trading as I consider it total speculation. the overall market is going up, I don't know if it's gonna last, but I'm kinda scared of how fast it's happening. I'm not sure if we have just been in an accumulation or distribution sideways the last months. high risk long till $40 (or a bit lower). if u wanna entry now, it COULD but doesn't have to, do a little pullback, as $28 is a resistance.
NASDAQ:WKHSLong
by camelot0707
1
EV stocks hype -BUT not enough focus on the Charging side! So we are looking at an overdue EV full force entry in the market - seems like every day we have a new reverse merger with a SPAC company to IPO another EV maker we never heard of ....but the main focus is missed by many investors - Charging stations and Battery makers. Here we will discuss the two companies currently in the lead of the EV charging race. First we have Charge Point -established in 2007 and currently owns 73% of market share of EV charging ! that’s big ! imagine Gas stations 70 years ago, estimations are we are looking at a 25 Billion $ market size by 2025. Their CEO of Charge Point expects over 190 Billion by 2030, and to stay the biggest player in the EV charging game. Charge Point currently has over 80 million charging systems and hundreds of thousands of users, and a very user friendly in house app that helps the user locate the nearest charging station near him. The acquisition of SBE on Charge point will be finalized in the next few weeks, SBE stock already made a tremendous jump the last 2 weeks, nearly DOUBLING the value. Lets look at the Technical: Stock broke resistance level on the 9th of sept and in less than 2 weeks nearly doubled its value from -15$ to28.6- major rally up. Both RSI and Stoch are showing us overbought along with a huge rise in market cap but if investors have 2% of common sense i would expect a stock that holds 3/4 of the EV charging market in the US to keep rallying and pass most EV makers by a mile. The second stock on the chart and the one that gets most of the attention is Blink Charging. Founded in 1998 and reported revenue growth of 84% to $3.8 Million in the last 9 month, and sold about 700 charging units its seems Blink is on FIRE! After browsing in their products catalog I was officially impressed, their products are well branded easy to use and very intelligent – they even sell a mobile emergency charger that can be stored in your trunk! The other good news is Apple announced they will add Blink chargers on apple maps and allow the driver to easily locate a suitable charging system to his vehicle nearby. One thing we should remember about blink is the big drop the stock experienced in august, following the analyst Culper’s Research which claimed company had less than 2.5k chargers and not 15k as they initially claimed. With much less market cap the Charge point buy more years in the game and better known brand it seems as Blink will definitely fight charge point for the massive market share that is expected to be 14% of the total market value in the USA. Blink Technical overview: So very similar to SBE the jump Blink did is purely massive! RSI and Stoch are over bought - RSI candles through the whole rise showing us there is a lot of volume and drive behind this rise -but I am stating the obvious. Blink stock couldn’t break through the 11$ line till the 16th of Nov and from there gave a +230% rise - expect a correction but I wouldn’t expect it now, as the EV market is still rallying massively. if analyzing the impulse wave the stock is experiencing at the moment, I would say this stock will rally all the way to 30$ mark and from there will give a 2-3$ correction before going further one thing is sure -the EV charging market is huge and must be seen as one of the biggest opportunities we as investors are experiencing and shouldn’t be missed ! if you would like me to cover another EV charging stock please send in comments Trade safe and invest smart!
NASDAQ:BLNKLong
by FDGT_academy
3
WORKSHORE GROUP"Leading a revolution takes a new kind of power." Duane Hughes, CEO. Where it all began AMP Electric Vehicles was established in 2007 as a developmental-stage vehicle electrification company. We first experimented with adding battery-electric power to two-seat roadsters. In 2009/2010, Progressive Insurance sponsored a rigorous nation-wide competition for clean, “production-capable” vehicles. Our 100% electric GM Sky was the only mass-produced vehicle in the competition. All other vehicles were primarily prototypes or concept vehicles not suitable for driving on public roads. We were one of eight finalists in the Side-by-Side seating category. Our Sky achieved four times the fuel efficiency of an internal combustion equivalent with zero emissions (96 MPGe vs.19/24 city/highway for ICE version). We followed the electrification of the Sky Roadster with the design and implementation of systems capable of powering larger vehicles. This led to the creation of electrification packages for the Chevrolet Equinox SUV, the Jeep Grand Cherokee, and the Mercedes Benz ML350. These development activities resulted in the successful execution of the concept for SUVs. AMP Electric Vehicles went public in 2010 trading on the OTC market under the AMPD symbol. When the economic benefits of conversion became less certain, we pivoted away from passenger vehicles and began to focus on electrifying commercial vehicles. This led to a development agreement with Navistar, a major U.S. truck OEM. Under the development agreement, the initial project was to re-power a 1,000 cubic foot delivery van. The first vehicle was delivered to them in August of 2012 and successfully passed Navistar’s requirements and performance test. Navistar’s top management changed at precisely the same time the project vehicle passed its performance test and Navistar tabled the electrification project. They did, however, introduce us to their client and AMP began to work directly with the end-user. As part of the end user's requirement, the battery-electric test truck successfully passed a 4,000-mile durability test at TRC, Inc.’s automotive test facility in East Liberty, OH. AMP acquired the Workhorse brand and the Workhorse Custom Chassis assembly plant in Union City, IN in March of 2015. The asset acquisition made the company an OEM and enables the company to manufacture new, medium-duty truck chassis in the 14,500 to 23,500 GVW class. In addition to the plant assets, our exclusive arrangement with UpTime Parts, Inc. for logistical and spare parts support and our 400+ network of dealers provides AMP with unequaled nationwide support for our vehicles. In March of 2013, AMP formally changed its name to Workhorse Group Incorporated (NASDAQ: WKHS). workhorse.com Best regards, RyodaBrainless "Live to Ride and Ride to Live"
NASDAQ:WKHSLong
by RyodaBrainless
HYLN Long My next long hold is HYLN. I was lucky enough to get in on a cost basis of $22/share. I loved HYLN when it was $50’s back when it was still known as SHLL. I’m not quite sure of the reason why there was such a big sell off - I do know that post-merger, SHLL did not have the 180 day lock out period that most SPACs have. I personally believe that HYLN is providing a real world, practical solution to one of the biggest challenges facing the world - EV Semi trucks. I’m looking at the end of Aug 3 to Aug 13 2020 of the consolidation phase after the initial pop. I see the Bollinger Bands squeezing which led to the outbreak up to the high 50’s, and I see something similar forming at the moment. Also looking at the Doji that was present before the initial run, that we also saw about 2 weeks ago (October 28 2020). The last time we saw the price break the 20 day MA on the Bollinger Bands was also during that initial run, which we also broke this last week. MACD also gave us confirmation for a buy signal shortly after the Doji on Oct 28 as well. IF we can break 28, I think there is a good chance we will see the 40’s very quickly based off the volume shelf. I don’t see historically very much volume in between 28 to 40, which leads me to believe we have a good chance of pumping.
HLong
by itsmiguelsol