Workhorse Group Inc (WKHS)

[RallyTheMarket]

I was looking at the accumulation distribution line and the Chaikin Money Flow.

The A/D line says that everything is steady. From May it's been steadily accumulated.

The CMF is positive for the first time in a long time. Shows that there is buying pressure there.

Then I looked at the stochastic and it's creeping up from negative bearing positive.

The MACD is negative and doesn't look like it's moving positive soon. Keep an eye on the MACD. As it starts to turn positive we should see lift off.

I think things are starting to heat up again. I think the downward movement was profit taking and manipulation.