QS trade ideas
$QS Quantumscape Corp Bullish Signs
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QS Wedge BreakoutQS broke out of a wedge on the weekly chart, watch to see if it breaks the $31 and $37 resistance levels, if it does then I can see it going upwards to the $44 range.
A break of the $31 resistance level is important in order for QS to continue going in an uptrend; the daily chart formed a Shooting Star or "Doji" Candlestick (which is typically a bearish reversal signal), so this will be a stock to watch!!
Could potentially be a good swing trading opportunity!
QS may have bottomed - Weekly TD 9 buy at major support Probable reversal at the $23.4 major support
Supporting these claims are the 3D td 8 and the weekly TD 9 coinciding
We have not established an uptrend yet (need higher highs and higher lows)
But making some positions here then adding more if trend is confirmed can be a play
With high short interest and negative sentiment this could be a good contrarian play.
QS Could move up to $29.50 in short term$QS Current Price $26.60 Short Term Target $30
Good time to buy as we just bounced on support. This is a company that isn't close to being profitable so this is a purely technical trade. Looking for $QS to move to the top line of resistance in its current trading range @ about $30.
Option - QS $27C 6/4 ( $91 cost ,5% till breakeven) ( take a light position these are weekly calls which come with more risk)
Fill $80
Stop $35 Limit $30
QS - Momo playQS has been one of the momo stock of 2020. It is a solid state lithium-metal batteries manufacturer which are used in EV cars. It shows to be the most promising manufacturer out of all of the publicly traded ones.
VWAGY (another runner I posted before) is testing QS batteries. Stock dumped along with all of the meme stonks and also had rumors that a short seller was spreading calling it a pump and dump.
Insider Brad Buss (director) bought 10,000 shares on 5/26 which leads us to think, why not follow?
Looks like it will be range bound and has a chance of running to $50-70/share.
Consult your boomer financial adviser before believing pajama trader posts. You realize that literary anybody on this platform can post whatever the f* they want and it could be a 6 month old kid scribbling on screens.
Happy Memorial Day and thank a veteran or two this weekend! Don't be a drunk douche
QS DADDY IS BACKSee you've grown up and learned to be a degenerate just like your pops. not bad.
Give your dad some smokes, it's story time.
QS is one of the biggest shitshows since that time your mother got kicked out of Kokomo's on that Havasu trip.
I know you just read the Intelligent Investor and want to force feed some fundamentals or facts about batteries to me. Save it kid.
your dad has $50 riding on this bad boy, and I'm not going to let you kill my vibes.
The past few months have been tormented by complex triangles and wave five compression.
We love to see it.
It's your time to shine.
Is this financial advice? Are you a motley fool? Will your mother ever be taken off Kokomo's black list?
leverage up cowboy. QS daddy going in.