WKHS Potental More Downside? Schiff Pitchfork Correlation?

25 de set. de 2020I will be watching WorkHorse For an Entry in the near future. I believe there is a strong correlation to how the stock is behaving and respecting the Fractal Candles with the Schiff Pitchfork. I believe there is some more downside to this stock, overall in bullish contex. I would like to see a retest of the 50MA and showing signs of support. If this happens, I will be taking a long position if and when it arrives.

25 de set. de 2020

Comentário

I am still on the sidelines on WKHS. I still think this could be a bounce. I have no position open until I get clarification on 22.50 being support on the daily. What a beautiful day on some nice volume though.