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Wkhslong

Workhorse #WKHS support & resistanceIn no way, shape or form am I an expert in charts but I like to look and learn from them. Based on trading since June-July 2020, following seems to be key resistance and support for our horse. $4.7 to $5.48 (currently we are in that trading zone) $6 to $7.25 is where we traded from late Sept till Nov 2021 From early April till May 2021 there is a narrower area of resistance/support $11.66 to $13.36 Our major areas of support/resistance where you can see the heaviest volume is from $13.90 to $17.69 (this is where myself started buying WKHS last year). We have wandered in this price range at least 3 times over the last 2 years; July till Sept 2020, Feb till March, followed by June till July 2021. Last area is from $22.4 till $30.44. Gap plays to watch $7.25 to $11.66 $17.6 to $22.4 $30.44 to ATH of $42.89 #WKHS #WKHSto100
NASDAQ:WKHSLong
by drjnaqvi
3
WKHS Short Squeeze Hello Traders This week has been brutal for the Longs and a party for the shorts. Since most of my ideas and publishings are mostly for breakouts and longs .. i have today come up with a YOLO stock. WKHS has been a swing trade for me before the news of USPS contract came out. Currently 30 percent of the flot of the stock ( facts check from websites and hedgefund data on the internet ) is on SHORTS. This might lead the retail traders this way and have another GME or AMC. Aka rediit. Clean energy has taken a beating for the past few months but this candidate has drone tech in its pipeline and is a good candidate for a short squeeze. I am in no way advertising or recommending buying this.. that is completely your personal decision, but on the same not the company has potential to get back in the 20-25 dollar range again due to its tech innovations. I would start with a small position putting a small amount at risk and the technical analysis show a bullish divergence on MACD.
NASDAQ:WKHSLong
by FoxxInvest
5
WKHS Workhorse Group Price TargetsBrokerage firms use ratings when they issue stock recommendations to stock traders. They usually have 1 year target from the moment they release the Ratings. On 6/4/2021 Cowen Brokerage Downgraded WKHS to Market Perform $13.00 On 5/10/2021 Roth Capital Brokerage Lowered the Price Target from $15.00 to $8.50 On 4/16/2021 B. Riley Brokerage Initiated Coverage with a Buy rating and a $20.00 Price Target Looking at the volume and ratings, i would expect a short term upside potential! I`m looking forward to read your opinions about it!
NASDAQ:WKHSLong
by TopgOptions
7
Workhorse - finished accumulation, is the stock headed to 30$ ?Workhorse is one of our favorite EV stocks, one of the reasons for that is because it's been around for a while (started in 2007) and they are not just dealing with EV and EV batteries but also with Drone technology. Drone technology is expected to grow its use widely in the USA and following the announcement of the FAA that drones need to remotely identify themselves while in flight 2 weeks ago, made us the investors understand drones are getting into the mainstream technology space. It's worth mentioning here that Boeing (BA) got several contracts from the US Army to build advanced drones with minimum human supervision and a high level of AI and automation that will make drones the perfect tool for espionage and other covert missions. One last thing to mention on WKHS is their big contracts for delivery trucks with united states post office service (USPS) which we were a bit hesitant about till a few weeks ago when they announced it is going as planned. Let’s talk about the important part – Technical: So, this is pretty easy to understand – WKHS has been trading sideways from the beginning of December from 20$ to 23$. The stock broke resistance level on Jan 5th and the 23$ line is now our new support level, although it needs to be tested again. After the rally stock went down back to the 23$ line and now we are facing two possibilities : 1. Stock breaks through 27$ line and starts accumulating there and then touch 30$ 2. Stock drops to the 20$ line and from there we will see a sideways trend for several weeks to months. If we see the second option happening this will be a great time to do more ‘dollar cost averaging’ and buy the stock at a low price. We do not have a doubt that WKHS is crossing the 50$ line before the end of 2021 – I believe way before… One main thing we need to watch is the volume of the stock: avg volume last 3 months is: 14.7M avg volume last 1 month is: 17.5M avg volume last week is: 9M We can see a decrease in volume meaning a lower sentiment (“Buzz”) around the stock. But I will use a quote here directly from InsiderMonkey: “WKHS has seen an increase in hedge fund interest lately. Workhorse Group, Inc. (NASDAQ: WKHS) was in 13 hedge funds’ portfolios at the end of the third quarter of 2020. The all-time high for this statistic is 10. This means the bullish number of hedge fund positions in this stock currently sits at its all-time high.” This is big news for the stock and it means we are looking at an accumulation stage before a mark-up phase which will cause the stock to rally up again!!! We are long on the stock and we will keep buying more in our portfolio. Trade safe and be safe!! FDGT Academy.
NASDAQ:WKHSLong
by FDGT_academy
2
15.94% gain in one day is not bad!Maybe a temporary pause and possible continuation higher! However, a 15.94% gain in one day is not bad and is enough for some traders. Between January 6 & 7, 2021, the pullback happened very quickly followed by a bull gap, and the stock rushed above the target price of $26 from my previous article on January 6, 2021. This is a follow up writing for my article published yesterday January 6, 2021, with the title "Weekly Trade Ideas for the 11 Automobile Manufacturers" In that article, I wrote, "Trade Idea: This stock may pullback and then break out to a test price level of $26." Here is the link to the article: Below is a link showing the stock performance on January 7, 2021, compared to my first chart interpretation on January 6, 202. New Trade Idea: The stock may trade now between the range price of $25.37 & $27.23. It is possible for the price to move higher or lower temporarily. Long-term prediction: Still bullish for this stock. However, a 15.94% gain in one day is not bad and is enough for some traders. Thank you for reading! Greenfield Remember to click "Like" and "Follow!" Disclosure: Charts and articles interpreted by Greenfield. A market idea by Greenfield Analysis LLC for educational purposes only. This is not a solicitation and not a recommendation. Greenfield Analysis LLC has no investment in any of the securities mentioned in the article, and no plan to initiate a trade in any of the securities mentioned. Greenfield does not receive any compensation for this writing. Investment involves substantial risk. You should consider carefully before making an investment and investment is at your own risk.
NASDAQ:WKHS
by GreenfieldAnalysis
6
WKHS Workhorse Big Electric Truck Order | BullishPride Group Enterprises, which operates 17 retail and rental truck locations in the U.S. and Canada, ordered 6,320 vans for delivery between this July and 2026. Cincinnati-based Workhorse expects to build 1,800 vans this year. Workhorse plans to begin fulfilling a pending order from United Parcel Service (NYSE: UPS) for 950 C-Series vans this year. It had a total backlog of about 1,100 vans at the end of the third quarter of 2020, not counting a 500-truck order from commercial vehicle distributor Pritchard Cos. (source: benzinga.com) Please leave me a message if you want to test the buy and sell indicators that i am using.
NASDAQ:WKHSLong
by BuySellMarketMaker