WKHS is setting up for a short ( again) OR could it reverse ?

3 февр.

WKHS is a mong the weakest of the EV stocks. On the 15 minute chart it has been trending

down in a descending channel. There has been substantial volume on the bearish only volume

profile albeit at higher prices. A small spike of selling volume while price is near to the upper

( resistance) trend line of the channel tells me that WKHS may move lower. Most of the time,

it is difficult to short a penny stock below $1.00 depending on the broker. The selling volume

tells me there are short trades underway. My idea however is to look for a reversal so long

and watch for a short squeeze to add into the rising price with more position. Probably will

not happen but it goes onto the watch list.

7 февр.

Сделка активна

Since WKHS looks to be in an early breakout I took a long entry today. Watching for
price action validating the trade and then moving the stop loss higher if price action
allows it.

9 февр.

Сделка закрыта: достигнута стоп-лосс цена

WKHS faked me out with a dead cat bounce. Closed long went short.

10 февр.

Сделка активна

Watching only. HH and HL suggest a reversal will be checked further after the morning price action next Monday. No revenge trading allowed.

10 февр.

Заметка

Watching only. Looking for a descending channel breakout with confirmation. Upon that enter with a target of 0.29 ( 10-15%) setting a stop at 0.015 -.018 below the
limit entry 0.01 above market for slippage protection on the order flow.

21 февр.

Заметка

Shares added at 0.33 in the pullback earlier today near to the mean anchored VWAP.