s_m_s

$WKHS Swing Trade Idea

بيع
s_m_s تم تحديثه   
NASDAQ:WKHS   Workhorse Group, Inc.
WKHS hit resistance at $30 area, then got hammered more when USPS delayed the contract with WKHS.

Since then WKHS has broken through the daily 20ema, there was a nice bounce today from $19 area but don't see any reason it can hold this level and not continue dropping to $15-$17 area.

$15-$17 area is where our POC on volume profile is, if we can get $14, great value add for a swing trade to the long side, for now, short side might be more juicy.

Will see how this one goes tomorrow.

Will update with a new idea when WKHS approaches POC for a swing trade to the upside.
تم فتح الصفقة:
Volume still not strong enough for me to enter long, still watching to see how long we can go on WKHS. There is a clear downward trendline on large time frames. If WKHS cracks under $20, I may get a starter position.
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