WKSP - Momentum Builds Toward $3.90; $4 Is Next Target

Worksport (NASDAQ: WKSP) just turned a sleepy coil into momentum, reclaiming the $3.60 pivot, tagging $3.80, and stacking higher lows into tomorrow’s earnings. This isn’t a chart-only move. July production hit 2,499 tonneau covers - double March - while margins improved materially with a flat headcount. The dealer footprint expanded from 94 to 550+ since late 2024, tightening sell-through and reorders. On deck, SOLIS solar tonneau and COR portable power begin fall shipments after third-party testing and beta, supported by a pilot with a top-15 U.S. construction fleet. Institutions reportedly added shares yesterday (~65k via Vanguard), a timely signal that interest is heating up ahead of the print. Technically, $3.90 remains the gate. Break and hold on expanding volume and the round-number pull to $4 typically engages quickly. With an operational backbone and a credible product catalyst stack, does WKSP convert compression into a genuine trend this week? Risk line remains $3.60 for traders.

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Posted Aug 12, 2025, 5:43 PM UTC

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