Workhorse outbreak pullback

26 сент. 2020 г.

WKHS showed an outbreak pull back setup. It is likely that it will go near or over the previous outbreak level (+ 25 %). A Stop order could be placed below the support (21 $). This is a very speculative idea, i will always protect my money with a cautious risk management.

• outbreak pullback setup - done
  
• outbreak level is the new support
  
• ADX is strong, +DI is still positive
  
• RSI is oversold - a strong move can be expected