$KCAC break of downtrendFairly simple setup for $KCAC here -- it broke out of its short term downtrend and is getting tight as it reclaimed its moving averages.
KCAC
QuantumScape Could be the Future of BatteriesQuantumScape makes solid-state batteries.
They have entered into a definitive agreement to merge with blank check company Kensington Capital Acquisition Corp.
Backed by Microsoft co-founder Bill Gates and Volkswagen & Qatar Investment Authority
QuantumScape is expected to receive more than $1 billion in cash and funding commitments, led by Volkswagen and Qatar’s sovereign wealth fund, as part of the transaction.
