Looking at the daily timeframe ,
as you can see , we see a price is on the strong demand area , price tried to break below few times but failed to do so ,
so now we are just waiting the buyer to enter the market to push the price higher ,
price needs to break above $8 then we can expect a short squeeze coming in to play ,
now will be a great buy opportunity but remember to invest the money that you afford to lose ,
this giving us a 1:6 RR ratio ,
first target is at $17 which is 150% to the upside .
idk much about fundamental about this stock , i trade by using TA .
Let me know what do you think about my analysis on WKHS down below ,
Give it a like or comment if you like this idea .
as you can see , we see a price is on the strong demand area , price tried to break below few times but failed to do so ,
so now we are just waiting the buyer to enter the market to push the price higher ,
price needs to break above $8 then we can expect a short squeeze coming in to play ,
now will be a great buy opportunity but remember to invest the money that you afford to lose ,
this giving us a 1:6 RR ratio ,
first target is at $17 which is 150% to the upside .
idk much about fundamental about this stock , i trade by using TA .
Let me know what do you think about my analysis on WKHS down below ,
Give it a like or comment if you like this idea .
