Feb. 11 at 7:58 PM
$WKSP : Base Forming for Potential Reversal 🚨📈
With recent catalysts and sentiment shifting, Worksport Ltd may have put in a meaningful low after its extended selloff, hinting that the bottom could be in as buyers step in at key support.
🔎 Technical Setup:
📈 Strong support at
$1.55–
$1.70
📈 Higher lows forming short term
📈 Compression signaling possible expansion move
🔑 Key Breakout Level:
➡️
$2.30–
$2.50 = resistance to clear
🎯 Upside Targets on Break & Hold:
➡️
$2.95–
$3.15
➡️
$3.40–
$3.90
➡️
$4.30–
$4.90
The share price could reverse quickly from these levels as momentum shifts, especially after this morning’s Q4 report showed
$4.84 million in revenue and approximately
$1.5 million in gross profit
Communicated Disclaimer: https://tinyurl.com/TherealshortsqueezyWKSP1
Sector Peers:
$GPI $DRD $SWBI $MOD
