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Workhorse Group Inc (WKHS) “On a long-term technical basis, the stock (WKHS) is trading above its 200-day moving average which generally implies it is in a positive trend.
The stock has support at 22.90 and 19.68. If the stock breaks down through support at 22.90 then it will probably continue lower to 19.68. The stock will meet resistance at 24.50 and 25.76. If the stock breaks up through resistance at 24.50 then it will probably continue higher to 25.76. The 200-day moving average is at 6.76. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (79.55).”
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