QS
$QS Straddle sell strike 115The Implied Volatility is very high near the 200% percent.
Rarely it stays long above this number. The range between the break-even line at expiration is relatively big.
60% probability for some profit.
If the IV will drop sharply It will be wise to get out.
I diversify my portfolio, it is never "ALL IN".
FSR: Solid Technical Play on Breakout From ConsildationFSR has been consolidating since early december between 14-16 range along with forming a downtrend line since it's highs in late November. Stock is gapping up pre market breaking through that $17 resistance level on Morgan Stanley launching coverage with a $27 price target. I am targeting that same level as a profit taking spot for this trade. This is a something where I am going into it as a trade, but I could see it turning into an investment for me. EVs are the future, but there is far too much froth in the market and not all these EVs will make it.
$QS Before ERIf this move on QS is essentially another Wave 1, and that we've already completed counts A-C, then ER should be the perfect catalyst to create this trend. Fundamentally, QS is dealing with many lawsuits, but should they post good numbers and forward guidance, then this pitchfork's formation is in play.
Quantumscape ($QS) a Major buy at $55. Stock heading to $200Quantumscape Corporation is a "Concept stock" That has dropped off 70% from the all time high of $135. The market cap is currently sitting at $20B and is revolutionizing the battery market safer(not flammable) solid state lithium batteries with faster charge times and longer battery life. On the board sits JB Straubel the ex-CTO of Tesla. His expertise is in lithium batteries. This is a huge deal.
Many of the other board members are on the board of Google, Formerly Amazon, and Tesla.
Volkswagen group own 25% of the company and at the high of $135 not one share was issued. This is a very bullish sign which means Quantumscape does not need more money.
The company has yet to put out a product but given the board the massive share investment of Volkswagen; Quantumscape likely has a very promising prototype not seen by the public.
The TAM (Total Addressable Market) for Quantumscape is massive and goes beyond EVs.
The company can produce for consumer devices such as phones, VR wearables, watches, Medical equipment, home energy storage, aircrafts, boats etc. A market that is expected to reach well over $100B by 2030.
With strong partnerships and a killer patented solid state battery product, Quantumscape can capture a large share of the battery market and can possible have revenues of $25B+ by 2025.
This is a "Pie Castles in the Sky" "Concept" play...but given the team, investment by volkswagen, Bill Gates, protective patents and market... Quantumscape is no doubt a play that excites the imagination of the public.