The shares of 
WKHS sank 52% in two days this week after the USPS said Oshkosh Corp., not Workhorse, would get a contract to build new vehicles for mail carriers. They rebounded 25% on Thursday after a congressman said he was trying to reverse the decision, only to resume the drop on Friday. The stock lost 51% of its value this week.
Fundamental analysis:
This might create great opportunity for investors to BUY dip.
However; we should be very careful .
Technical Analysis:
$15 per share acting as strong support for $WKHS.
The price tested $15 area 3 times and got rejected as it was marked on the graph.
Here we can risk 4-5%, But if the upward tred starts moving the reward will be bigger.
WKHS sank 52% in two days this week after the USPS said Oshkosh Corp., not Workhorse, would get a contract to build new vehicles for mail carriers. They rebounded 25% on Thursday after a congressman said he was trying to reverse the decision, only to resume the drop on Friday. The stock lost 51% of its value this week.Fundamental analysis:
This might create great opportunity for investors to BUY dip.
However; we should be very careful .
Technical Analysis:
$15 per share acting as strong support for $WKHS.
The price tested $15 area 3 times and got rejected as it was marked on the graph.
Here we can risk 4-5%, But if the upward tred starts moving the reward will be bigger.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.