WKHS: Interesting monthly signal and solid fundamentals

14 giu 2020

I am interested in WKHS here, been eyeing it for ages since timwest brought it up long ago. There's now an active long term uptrend at play here, which may result in a very profitable trading enviroment, if it pans out. You could milk this trend and the key levels in the stock with various methods, using TM and Key Hidden Levels techniques.
Keep an eye on this one, lately TSLA and NKLA have caught everyone's attention, it will certainly drive interest towards WKHS going forward. They have GM backing them, and some deals with USPS and UPS up their sleeves. Small company, but certainly interesting.
If the market peaked, we might see it slide back down to support, so keep in mind this bearish scenario. I doubt it will go much lower than that if it does drop.

Cheers,

Ivan Labrie.

16 giu 2020

Nota

So far, so good.

19 giu 2020

Nota

We will get a nice gap up today. News came out after hours yesterday, a new order of 1200 trucks for Lordstown, who have a licensing agreement with #WKHS. It was upgraded by analysts as well. Monthly signal is valid, so it warrants patience.

23 giu 2020

Nota

I am still in this position, looks constructive so far, but you might want to figure out a strategy to contain downside risk. My clients and me took a particular one, but I won't detail it here.

24 giu 2020

Trade chiuso manualmente

Consider taking profits or shorting calls here...

26 giu 2020

Nota

There might be chance to reenter later on, keep an eye on this one.

3 lug 2020

Trade attivo

I'm exposed via some put shorts at a lower price where I'd like to get filled if price drops. Else I get a 67% annualized premium for selling puts.

7 lug 2020

Trade attivo

Bought back some shares here.

28 lug 2020

Nota

Looks like a potential bottom for $WKHS.

31 ago 2020

Nota

Sideways under accumulation, looks ready to move further.

1 set 2020

Nota

Weekly trend active, next target is $36 ish.

9 set 2020

Nota

On Track.

23 nov 2020

Nota

26 gen 2021

Nota

Finally ready to move...

26 mag 2021

Trade attivo

Here is where you'd try to bottom pick this one again.

13 dic 2021

Nota

The last bottom picking attempt failed and costed me a bit, but still not the end of the world. Watching this stock closely now, the monthly down trends in place expire in the next few days, January can be a big month for Workhorse if it goes well.

13 dic 2021

Nota

I'll make a new publication once a daily timeframe buy signal comes, next one might be a great entry to capture a big relief rally. (I suppose it could happen in most ARKK names)