Going to the 50% retracement level at $72 - first support.Watching for a possible swing entry point as we are neutral on this - waiting to see whether the 50% retracement at $72 will be support and we some consolidation. Bearish divergence on the MACD.by SimplyCashUpdated 443
Why QuantumScape Will Give You A 370% ReturnAlthough there are many controversial opinions about their battery technology and that they won’t deliver, this analysis doesn’t focus on the fundamentals regarding that. This is simply a TA based approach. Elliot wave Theory: QS have finished a wave 2 correction; it is now ongoing for a 3rd wave up. As long as QS maintains current price and DOES NOT go below 44 USD , the bullcase for 250 USD is still in play. If it breaks 44 USD, thereby the 1.618 trend-based fib extension, it could go very much lower, and we would have a case just like NKLA, where continues lows are being made from that point. CCI Looking at the CCI indicator I like to look at levels such as -200, in order to determine whenever to buy a stock. Right now, the CCI is at -233 on the 4H, which makes it a perfect indication for a retrace up. RSI: Looking at the 12H RSI we have it approaching the last support it made at 32.15. One could make EW based on the RSI alone, so if we break 32.15 on the 12H RSI, the bullcase is therefore gone. So look for that point of interest. Overall the stock is on a major black Friday discount, and is a major buy after a -40% correction. Longby LukeSkywalkerUpdated 282831
$QS$QS After a historic run, major selling pressure occurred. The price support and not enough buying could bring the price down to $79.49 then $65. It might go up and test $97.89.by G_Acidbeam114
be on the lookout for this to make a move back to the black lineFollow me for more clean chartsby Realljuicytradez0
great chart! where do we enter in on the dip ?!potential long entry with stop loss at 65 and target over 100. you can see how it consolidated then had more upside after every small downtrend channel broke, so lets wait for this one to break.. create consolidation then we enter long for a scalp! goodluck :)Longby Vibranium_Capital1122
QS channel trade.. time to buyTrading perfectly.. hit bottom of channel. think it's time for the next run?Longby ContraryTrader332
Long Term BuyLong Term Buy trapped in a pattern so long as it respects its trendLongby FreshLifeFX229
Look Below and FailTouched trend line and failed to break target the other side of balance this is a highly volatile stock , and pretty fun to watch Longby StayPhr0sty0
abcd daily short looking for a double top and 618 pullback to enter short, stop above premarket high Shortby HiddenharmonicstradingUpdated 223
QS Long on Dips QS is on our watchlist as this solid-state battery company released data demonstrating that it’s single-layer batter cell could charge in 15 minutes. QS is also using an electrolyte gel, making it more of a hybrid solution than a pure solid-state battery, at least for the time being. That said investor interest for solid-state hold the promise of energy densities 50-100% higher than those of traditional Lithium Ion batteries. Our research suggest QS is targeting the Electric Vehicle market, look to buy Leaps on QS heading into 2021with dips into 66-58 range. Longby wallstreetsharks4
$QS Primary Wave 1 complete, Wave 2 ABC correction underwayJust a basic EW count on QuantumScape $QS. I would look to go long under $73 all the way down to $59. Primary Wave 3 PT of $240 to $260, time target of end of late March to mid April. Time targets are NOT exactLongby ir-rizzle554
QS shortQS is way overcooked. They are not expecting significant sales until 2027 and they face competition from existing battery producers making their own solid state EV batteries. It could either drop to its 20-day moving average at about $110 or its 50-day moving average at about $86. Either way it will find some sort of support but it is due for a correction. It is trading way outside of a reasonable range.Shortby EBITDAtiger555
Short OpportunityEasy short. I know lots of ppl burnt their hands in shorting this. But this is the time. Shortby LetsBeMillionaire1112
Does a speculator care to explain the 417% gain here?This battery startup is in the right space at the right time. Headlines showcasing an environment that will be opportunistic for powerful moves. Think about what the market has priced this at? In three months a market cap almost the size of Ford? Seems like risky business to be long here at this staggering price, but who knows maybe they are sitting on some R&D treasure? Link to Article finance.yahoo.com Bubble or insane earnings growth potential? Wonder which of these picks will age better...by ZenMode8810