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Workhorse

WKHS: Falling Wedge With Bullish Divergence Into The 2018 ZoneWKHS has formed a Falling Wedge with Bullish Divergence on the Daily as it has come down into the December 2018 Low. It has also Bullishly Engulfed the previous Daily Candles and has exhausted the Options Chain. At this point in time I'd expect WKHS to make its way back above 50 cents and perhaps run up to around $1 or perhaps a bit higher which would be best played by buying the call options at the 50 cent strike which currently trade at below 5 cents.
NASDAQ:WKHSLong
by RizeSenpai
2
More work to do for this horse Workhorse Group Short Term We look to Sell at 3.19 (stop at 3.42) A shooting star has been posted as prices reject the higher levels. Previous resistance located at 3.14. The medium term bias remains bearish. Upward pressure has continued and we are assessed as being in the corrective leg before the next selloff. Our profit targets will be 2.67 and 2.45 Resistance: 3.20 / 5.30 / 7.50 Support: 2.65 / 2.20 / 2.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:WKHSShort
by Saxo
WKHS: Interesting monthly signal and solid fundamentalsI am interested in $WKHS here, been eyeing it for ages since @timwest brought it up long ago. There's now an active long term uptrend at play here, which may result in a very profitable trading enviroment, if it pans out. You could milk this trend and the key levels in the stock with various methods, using T@M and Key Hidden Levels techniques. Keep an eye on this one, lately $TSLA and $NKLA have caught everyone's attention, it will certainly drive interest towards $WKHS going forward. They have $GM backing them, and some deals with USPS and UPS up their sleeves. Small company, but certainly interesting. If the market peaked, we might see it slide back down to support, so keep in mind this bearish scenario. I doubt it will go much lower than that if it does drop. Cheers, Ivan Labrie.
NASDAQ:WKHSLong
by IvanLabrie
9
$WKHS november update*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Workhorse Group $WKHS is a soon to be tech giant that manufactures and sells high performance trucks. Earlier this year my team road the $WKHS wave from the low 20's to the high 40's. This was back when everyone thought they were a sure pick for a USPS deal that ultimately fell through. recap: My team entered $WKHS on 11/3/21 at $7.20 per share capturing a nice -7% dip. $WKHS is currently trading at $6.55 per share. My team has now added a stop-loss at $5.95. We still believe in the long-term success of $WKHS, but if price swings below our stop-loss then my team expect $WKHS to consolidate at lower levels short-term. $WKHS is expected to announce their third quarter earnings on 11/11/21 but this date is subject to change. ENTRY: $7.20 TAKE PROFIT 1: $9.50 TAKE PROFIT 2: $16 STOP LOSS: $5.95 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:WKHSLong
by SimplyShowMeTheMoney
2
MY view on WorkHorse . Trade for a month. I'm starting my accumulation of WKHS . This trade like any its tricky and can be very volatile. I selected areas on the chart that are important zones and can act as resistance and or support in the future . Trade is based on short squeeze idea . This stock its currently under big short float above 40% .. last week was at 48% so some players are taking foot of the short gas . Institutional holdings are 45.8 % so we can assume most of these shorts are institutional . I understand the approach they had with the play and for WKHS not getting a deal was the trigger on their play . However we know that some players liking to play shorted stocks and we can see play on this soon , If this company see any positive news this will start moving fast and it will move faster if we are start getting some moves on it , This play its for a longer time frame maybe even month . My first fill was 13.88 . Let me know what you think .. Cheers and see you next time .
NASDAQ:WKHSLong
by PTO
WKHS Swing-Trade IdeaWKHS (Workhorse Group, Inc.) is a swing-trade idea that presents the following (Bullish) conditions: 1.) The 5-day moving average is about to cross the 21-day moving average price. When short period moving averages cross above long period moving averages, it tends to indicate an upward price movement. 2.) The monthly "Moving Average Convergence/Divergence" (MACD) histogram (indicator at bottom) is ending a down wave and beginning a new up wave. 3.) The concentration of volume (Blue/Yellow bars on left) indicates that the majority of investors currently own stock at the $16.20 price level (Point of Control), this level drops by approximately half as the price moves up towards the $17.92 (Yearly) Fibonacci support/resistance level. The volume of of share holders above $17.92 decreases until about $19.57 (Less resistance). Then resistance increases until $21.37, followed by another decrease in resistance until the price hits the next fibonacci support/resistance level at $22.71. This is followed by decreasing concentrations of volume as the price moves up. For movement up beyond this point the following will be critical. 4.) Workhorse was the 2nd place bidder on A major contract to update the postal delivery vehicle fleet for the United States Postal Service (USPS). Workhorse is offering a 100% electric vehicle fleet. The 1st place bidder OSK (Oshkosh, Corporation.) was awarded the contract by the outgoing Trump appointed head of the USPS. Oshkosh is only offering 10% of the fleet as electric vehicles and 90% internal combustion engine. The House of Congress and the Biden Administration may rescind the awarded contract to OSK to meet the requirements of an Executive order that President Biden signed on 25/Jan/2021. If Workhorse is granted the contract, look for a move up from the $22.71 to $27.49 fibonacci support/resistance levels. Just my opinion, not advice. Thank you.
NASDAQ:WKHSLong
by khollspati