>>> Join us to access robo analyses for over 16,000+ stocks! <<<
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 19.94 and 18.75. If the stock breaks down through support at 19.94 then it will probably continue lower to 18.75. The stock will meet resistance at 22.90 and 31.00. If the stock breaks up through resistance at 22.90 then it will probably continue higher to 31.00. The 200-day moving average is at 7.74. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (81.16), and turning down, which suggests a pause or possible pullback, especially if near resistance. Confirm this with the Short-Term and Daily Outlook to keep from exiting prematurely.”
>>> Join us to access robo analyses for over 16,000+ stocks! <<<