Keep in mind that today is options expiration, so volatility will likely be the order of the day as it has so far. WKHS is holding above the prior 22.59 low so remains in play as a U&R long set-up. It could also break that low and test the 50-dma, so be prepared to react to real-time evidence. Also, be aware that the company is currently awaiting an announcement regarding an $8.1 billion contract with the U.S. Postal Services. This could also have a material effect on price.
Undercut & Rally - Workhorse (WKHS) Follow-Up 10/16/20
|Published:||16 Oct 2020 12:26 ET|
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