Workhorse #WKHS support & resistance
In no way, shape or form am I an expert in charts but I like to look and learn from them.
Based on trading since June-July 2020, following seems to be key resistance and support for our horse.
$4.7 to $5.48 (currently we are in that trading zone)
$6 to $7.25 is where we traded from late Sept till Nov 2021
From early April till May 2021 there is a narrower area of resistance/support $11.66 to $13.36
Our major areas of support/resistance where you can see the heaviest volume is from $13.90 to $17.69 (this is where myself started buying WKHS last year).
We have wandered in this price range at least 3 times over the last 2 years; July till Sept 2020, Feb till March, followed by June till July 2021.
Last area is from $22.4 till $30.44.
Gap plays to watch
$7.25 to $11.66
$17.6 to $22.4
$30.44 to ATH of $42.89
#WKHS
#WKHSto100
Based on trading since June-July 2020, following seems to be key resistance and support for our horse.
$4.7 to $5.48 (currently we are in that trading zone)
$6 to $7.25 is where we traded from late Sept till Nov 2021
From early April till May 2021 there is a narrower area of resistance/support $11.66 to $13.36
Our major areas of support/resistance where you can see the heaviest volume is from $13.90 to $17.69 (this is where myself started buying WKHS last year).
We have wandered in this price range at least 3 times over the last 2 years; July till Sept 2020, Feb till March, followed by June till July 2021.
Last area is from $22.4 till $30.44.
Gap plays to watch
$7.25 to $11.66
$17.6 to $22.4
$30.44 to ATH of $42.89
#WKHS
#WKHSto100
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