QS trade ideas
Quantumscape QS - Don't Sleep on QS - Patience for 200% gain?Quantumscape QS - Don't Sleep on QS - Patience for 200% gain? How long are you willing to wait for 200%? Not financial advice.
Long | QS | Swing TradingNYSE:QS
Possible Scenario: LONG
Evidence: Price Action, Filling the Gap
This is my idea and could be wrong 100%
PT ~85$ until 19 March, 31 days and 50% Profit, enjoy
I bought Call options for 19 March, Strike 85$, Trade QTY: 1800, OI:1085
quick update on the tradelooks like qs has entered into expanded 3rd territory; slightly modified from the original trade below:
QSI know I have too many positions on when I lose track of when those companies' earnings reports are. Guess these guys reported today. Initial pop got faded but we'll see what tomorrow brings. Still looking for low $60s as first target.
$QS Before ERIf this move on QS is essentially another Wave 1, and that we've already completed counts A-C, then ER should be the perfect catalyst to create this trend. Fundamentally, QS is dealing with many lawsuits, but should they post good numbers and forward guidance, then this pitchfork's formation is in play.
Quantumscape earnings today at 4pmVery little data on QS earnings expectations today at 4pm. From what I can find, the expected earnings are all projecting a loss of -$EPS. QuantumScape is an American company that produces solid state lithium metal batteries for electric cars. The company is headquartered in San Jose, California and employs around 200 people. Investors include Bill Gates and Volkswagen. QuantumScape was founded in 2010 by Jagdeep Singh, Tim Holme and Professor Fritz Prinz of Stanford University. In 2012, QuantumScape began working with German automaker Volkswagen. In 2018, Volkswagen invested $100 million in the company, becoming the largest shareholder. In the same year, Volkswagen and QuantumScape announced the establishment of a joint production project to prepare for mass production of solid state batteries. In June 2020, Volkswagen made an additional $200 million investment into the company. On September 3, 2020, QuantumScape announced a merger with the Special-purpose acquisition company Kensington Capital Acquisition. As a result of the merger, QuantumScape received $1 billion in financing, including funding from Volkswagen and the Qatar Investment Authority. At the same time, the company's shares were listed on the New York Stock Exchange under the symbol QS. The transaction was completed in November 2020 and raised capital for the series production of batteries. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com
Quantumscape QS - Stock - Do we have the patiences for 200% ?Quantumscape QS - Stock - Do we have the patiences for 200% ? This is not financial advice. Fib play for 200%? Early stages? Need more confirmations? We will see in time?
Morgan Stanley $QS Buy and $70 price targetFor Morgan Stanley’s Jonas, involvement in QS stock comes with high risk, but also high potential reward. In fact, the analyst calls it, "The Biotech of Battery Development."
"We believe their solid state technology addresses a very big impediment in battery science (energy density) that, if successful, can create extremely high value to a wide range of customers in the auto industry and beyond. The risks of moving from a single layer cell to a production car are high, but we think these are balanced by the commercial potential and the role of Volkswagen to help underwrite the early manufacturing ramp," Jonas explained.
Noting that QS is a stock for the long haul, Jonas rates the shares an Overweight (i.e. Buy), and his $70 price target indicates confidence in an upside of 28% for one-year time horizon.
QS BULLS LOOK GOODlooks good, got nice breakout with big bull volume (positioning). Bottommed out and now uptrending on the daily. if not in already, youre looking at entering on the break of last weeks high and good increasing bull volume.
However the stop will be a problem as we dont really have any daily supports nearby. Closest D HL being at 43.41 which is 20% below. Another closer stop loss you can put is at 49.36, which was friday's low and about 10% below current price.
But looks very good for continuation, you jsut have to accept that if consolidation happens you may have to sit through some red before your stop is hit.
So one way to play this could be to enter a double size position on a breakout of friday high and then exit half for some profits straight away, and then let the rest ride.
Rising Wedge Trend Reversal Formation on QuantumScape ($QS)I have been trading stocks for roughly 2 years now and I have been learning a lot more about technical analysis and important chart patterns. This is my first published idea on Trading View so it isn't the best, and I want to get better at drawing patterns on different charts here, so I will publish my ideas so I can recieve feedback and learn from my fellow peers as well. I would love to hear any new ideas or thoughts, as here I have drawn a "classical wedge", also known as a rising wedge pattern. This typically indicates a price reversal, as you notice the uptrend slows down during the formation of the wedge I have drawn. The X marks the final breakout point in QS and the trigger point of the wedge pattern, thus resulting in a downtrend.
QunatumScape - Good Buy OpportunityThe managing director of Morgan Stanley, Adam Jonas recently put a target price of $70 for QS.
-QS has a game-changing solid-state cell technology for EV batteries.
-Their patented ceramic separator gives a higher energy density while keeping the costs low.
-Battery safety and charging speed are also looking strong.
-It is pretty clear that it has developed a descending triangle after a run-up that stands bullish. During our analysis, we have found that at the current price the volume is higher than usual and it looks like QS broke-passed the descending triangle which again, looks bullish.
Our Trading Recommendation:
-Keeping in mind that they still don't have sales and a fully developed product, and based on their statement they will plan to build a production factory only by 2024 if their batteries will be successful.
-Options trading would be risky at this point as it looks like QS has a long way to go to be profitable and have an actual product on-hand. Options won't offer you that much time.
In the Long-term, we feel bullish about this stock. We see the current price as a good entry and would suggest keeping it for at least a year.
Quantumscape ($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.
QS Beautiful, is my initial thought
The price was super predictable while it was moving between the 25 and the 50 smma, today news came out calling for a new price target, and it beautifully closed above the 25smma signaling the start of a new uptrend.
If you don’t already have a position, I would say maybe wait for a pull back but I’m already in the and this is just an update not a game plan. Though I am looking to add to the position.
