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

2024년 2월 3일

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.

2024년 2월 7일

액티브 트레이드

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.

2024년 2월 9일

거래청산: 스탑 닿음

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

2024년 2월 10일

액티브 트레이드

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

2024년 2월 10일

노트

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.

2024년 2월 21일

노트

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