AwesomeAvani

WKHS early breakout from Descending Triangle LONG

Long
NASDAQ:WKHS   Workhorse Group, Inc.
WKHS

Here on the 15-minute chart, WKHS is seen in an early breakout

from a descending triangle, Trendlines and relevant overhead resistances are shown.

A long position is shown with a 40% upside and an inital stop loss of 8 % for a

reward to risk of 5. The stop loss would be moved to breakeven upon 10% price

rise. While this is a long stock trade setup, a call option trade could be

made from the chart setup here.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.