*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Workhorse Group WKHS is a soon to be tech giant that manufactures and sells high performance trucks. Earlier this year my team road the WKHS wave from the low 20's to the high 40's. This was back when everyone thought they were a sure pick for a USPS deal that ultimately fell through.
After downtrading from its all-time high of $42.96 WKHS now sits at just $7.22 per share. Shares are incredibly cheap at this level. If WKHS was being considered a contender for that USPS deal then its makes sense to think that they can turn things around if the right news gets out there.
My team entered WKHS today at $7.20 per share capturing a nice -7% dip. This is a long-term hold, our team really loves WKHS
WKHS is expected to announce their third quarter earnings on 11/11/21 but this date is subject to change.
ENTRY: $7.20 TAKE PROFIT 1: $9.50 TAKE PROFIT 2: $16