WKHS is in similar circumstances as NKLA in the potential for a delisting due to low share
price. NKLA has been cleared and is a bit above $1.00 ( see my bullish bias idea)
Here WKHS is below $1.00 but is apparently reversing. On the 30 minute chart, price is rising
and is above various VWAPs anchored to the left at various points. The last trading day
saw a price rise of over 8% Relative volatility has changed from red to green and is above the
running average. The zero-lag MACD shows parallel lines rising above the histogram. The three
in one indicator shows that money flow, RSI movement and momentum are all bullish.
I see the setup as sufficient for potential profit given the risk. I will take a long trade here
selecting an exact entry on a lower time frame chart. The stop loss will be just below the VWAP
lines at $0.8335. ( A rising tide lifts all boats? - FSR FCEL PLUG AND NKLA are rising . so
are TSLA and Ford- I love the buoyancy !)
price. NKLA has been cleared and is a bit above $1.00 ( see my bullish bias idea)
Here WKHS is below $1.00 but is apparently reversing. On the 30 minute chart, price is rising
and is above various VWAPs anchored to the left at various points. The last trading day
saw a price rise of over 8% Relative volatility has changed from red to green and is above the
running average. The zero-lag MACD shows parallel lines rising above the histogram. The three
in one indicator shows that money flow, RSI movement and momentum are all bullish.
I see the setup as sufficient for potential profit given the risk. I will take a long trade here
selecting an exact entry on a lower time frame chart. The stop loss will be just below the VWAP
lines at $0.8335. ( A rising tide lifts all boats? - FSR FCEL PLUG AND NKLA are rising . so
are TSLA and Ford- I love the buoyancy !)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.