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WKHS early breakout from Descending Triangle LONG

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Workhorse Group, Inc. (NASDAQ:WKHS)  
AwesomeAvani  
NASDAQ:WKHS   Workhorse Group, Inc.
Trend Analysis Triangle WKHS ride Descending Triangle breakout
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trendanalysis triangle wkhs ride descendingtriangle breakout
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.

Penafian

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