Workhorse is currently consolidating in a wave 2 and has already crossed the 0.618 retracement level. It appears to be continuing to the 0.786 retracement level which coincides with the 1.618 band on the pitchfork at around $18. RSI and Stochastic RSI are both in the oversold territory, but could linger there a few more days as it consolidates to the 0.786 level.
If $WKHS is above 18, wait for confirmation of uptrend as it crosses $21. At this point i will look for it to fill the gap from Dec 1 to Dec 2, where it fell form $25 to $19.
Once $wkhs has crossed $21, im targeting $40+ by early to mid February as it hits the median of the pitchfork to complete wave 3.
If $WKHS is above 18, wait for confirmation of uptrend as it crosses $21. At this point i will look for it to fill the gap from Dec 1 to Dec 2, where it fell form $25 to $19.
Once $wkhs has crossed $21, im targeting $40+ by early to mid February as it hits the median of the pitchfork to complete wave 3.