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Analysis: #NASDAQ $WKHS

Case 364 #Workhorse Group Inc. - Revisited

Special Request: @AliTheTrader1

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#WKHS 1/4
Chart 1
Daily Chart: The June 23rd analysis targets were easily met as price rose over 661% in the month of June (from close to close). #Parabolic moves are violent during a correction and normally target the #Fib. 0.50 and even .....

WKHS 2/4
..... lower down. Price closed strongly above both the Dec. 2010 and Mar. 2016 #trendline resistances but failed to close above the first synthetic #resistance at 22.88.

WKHS 3/4
Read 4 tweets
Analysis: #NASDAQ $WKHS

Case 346 #Workhorse Group Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#WKHS 1/4
Chart 1
Weekly Chart: Price has recovered strongly off the Dec. 2018 low at 0.37, closing above #Fib. 0.382 at 4.70 and smashed through 2017 #trendline resistance. Currently pausing into .....

WKHS 2/4
.....minor #resistance at 7.44 - a close above targets 10.61 and further above the main objective 12.69/98

WKHS 3/4
Read 4 tweets

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