Workhorse Group, Inc.
Long

$WKHS a Trade Idea!

490
The shares of WKHS sank 52% in two days this week after the USPS said Oshkosh Corp., not Workhorse, would get a contract to build new vehicles for mail carriers. They rebounded 25% on Thursday after a congressman said he was trying to reverse the decision, only to resume the drop on Friday. The stock lost 51% of its value this week.

Fundamental analysis:
This might create great opportunity for investors to BUY dip.
However; we should be very careful .

Technical Analysis:
$15 per share acting as strong support for $WKHS.
The price tested $15 area 3 times and got rejected as it was marked on the graph.
Here we can risk 4-5%, But if the upward tred starts moving the reward will be bigger.

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