Avirany

WKHS 15.10.20 Long

Long
NASDAQ:WKHS   Workhorse Group, Inc.
Asset and Time frame - WKHS,1H/4H WKHS
Entry Price -21.97
Exit(Stop Loss) -20.78
Exit(Take Profit) -25.91

Technical Analysis - Price broke a confirmed trend line, but daily chart and RSI is still bullish, price reached a significant support line and on his way to the -27.2 Fibonacci level(4H), on the daily chart theres a 50DMA and the 61.8 Fibonacci level for support..
personally I would wait for a solid bullish candle to close, then enter the trade from the -27.2 level or the blue support line.
Good Luck!
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