WKHS, BIG MOVE COMING!

Hello fellow traders and investors, here's another trade idea.
WKHS has recently pulled back to the common support area and has since been consolidating, if WKHS makes a recovery to the take profit zone it offers around an 85 to 115% ROI.

Technicals:
The Macd indicates that it's oversold and in an uptrend
The EMA's are in a downtrend
The RSI is oversold

When To Buy:
If you are more conservative, wait for the EMA's to crossover however if you want to be more aggressive then take a position right now and slowly add to your position size when it indicates a reversal.

When To Sell:
I recommend selling at the take profit area

Fundamentals: Workhorse is a technology company, which engages in the provision of sustainable solutions to the commercial transportation sector. It operates as an original equipment manufacturer, which designs and builds battery-electric vehicles including trucks and aircraft. The firm also creates all-electric delivery trucks and drone systems. They have a P/S of 1293 which is absurd however its valuation was based on their potential future since they have a sales growth Q/Q of 24,826% and an earnings per share growth of 42713% Q/Q, an ROI of -11%, a debt/equity of 0.50 and a very high short float of 27%.

Rating: 70/100 the technicals are good, the fundamentals are decent so I think the risk/reward is definitely present however make sure to watch your position size.

NOTE: I most likely won't be buying WKHS however if it meets your criteria then add it to your watchlist. I think WKHS will go to 18.50 then pullback and eventually make its way to 28.50

I hope you enjoyed this quick analysis and many more to come.
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