stocktradez6

Nice Short Pattern, Conditions Also Very Bad

stocktradez6 Aktualisiert   
NASDAQ:WKHS   Workhorse Group, Inc.
Risk is a black swan political event (which isn't really a black swan with this stock due its long history of sudden news releases that send the share price flying). It's also never a good idea to short in a bull market. 21% of outstanding USD was printed in 2020, and that was as of November, according to Katusa Research.

"21% of US Dollars were printed in 2020 (so far), or $4.5 Trillion. This is more than the amount of money created in the previous 5 years, yet only 5% of it is new cash in circulation."

Plus it's EV...

It's a great pattern. The conditions also seem perfect, but still, a unique risk of a sudden spike exists..







Kommentar:
Wouldn't put too many eggs in this basket, either..
Kommentar:
Yeah it's just not worth it. Workhorse too volatile. Too many followers. There's still hope..
Kommentar:
Guess it was a good play after all. Those patterns rarely fail, especially when the conditions are right. Democrats have me spooked (excuse lol)
Kommentar:
Yeah see, there's somebody buying...Someone is definitely quietly trying to picking up some shares. This is one the most MUNIPULATED stocks on the entire Nasdaq!
Kommentar:
Definitely getting a little ahead of myself in that last comment lol. That's why I like tradingview and stock message boards. Keeps you honest.

You know, they should apply that to online political discussion. Make a rule that after 5 minutes, you can't delete your comments.

Nobody would use it, of course..
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