retest on trendlineWe had a breakout and now looking for a retest on the trendline.
first target will be around 38 usd.
QS trade ideas
QS is breaking outToo many shorts and test results will create the mother of all short covering soon for QS.
QS Harmonics: Long-Haul Easy Trade!QS appears to have created a rather larger bullish-bat harmonic which has just bounced at the key level of 23.76. Here, we are attempting a late entry, using a very small bullish-bat pattern (small red pattern) for a long trade up to the 0.382-0.618 retracement level, if not higher, as the new pattern unveils itself. I suspect the new pattern to be a cypher pattern, half-built into the side of the preformed price structure; therefore, I placed the 0.786 retracement level on the chart as well. The entry price is one penny above the blue line, while the stop-loss is exactly at the red line. I am allowing more room for the stop-loss here because of the size of the reward for getting this trade to go through and because the price structure formed in this area shows that this would be a generally safe place to minimize loss. Good luck, trade safe, and let's make that money!
$QSliked Friday's volume on the hammer and it looked like it wanted to breakout this morning so got in early
QuantumScape: Take 1/2 Profits For +6.4%QS: Bank 1/2 at current levels for 6.4%. Bank the rest as we trade closer to the target (Take off around 32.40/33.00)
Net money and go...
Net money and go...
Net money and go...
Falling Wedge patternA huge Falling Wedge appeared on the daily chart.
It looks like it will break out in the coming days.
Multiple signs suggest a bullish continuation such as the price closing above the 20 EMA and P-Pivot.
Rising RSI, strong MACD etc...
Stop loss: 25.76
Next resistance: 34.09 and 42.32
QuantumScape Possible end of correctionNoted some bars with volumes indicating new upward movement could start on QS stock. Happy trading!
QuantumScape Corp (SPAC)QuantumScape Corp. $28.55. Watching this SPAC as it testing the downward trend line with improving candle structure & positive divergence.
Stop: $24.50
QS extremely bullish setupBlueWave gave us green dot buy signal and with a bullish divergence (excellent)
Stochastic RSI is also oversold.
$QS PT $32 (up to $39) [End of Year]There has been a lot of negative media around $QS but this is because they adjusted their approach to developing those batteries, transitioning to a safer and more practical method of battery development. With that said, QuantumScapes CEO stated in an interview on April 28, 2021, that his firm expects to have major deliverables by the end of the year.
Fundamentally, $QS is a sound start-up that continues to meet milestones; financials and operational cash-flow is healthy, suggesting higher intrinsic value than what is present. There is much more information but for the sake of time, they are meeting the major criteria to be considered a quality stock.
Technically, they have stepped into accumulation phase with buy signals coming from the bollinger band, oscillators, RSI, and MACD. As well, volume depletion has weakened, suggesting that buyers will re-enter the market soon!
Happy Investing!
Watch 786 trigger level for hard bounce on this Cypher We are locked an loaded, watch 786 close, Story stock so we truly never know, playing patterns folks, 2% risk calls and equity,
###KNOW THE STORY BEFROE PLAYING
seekingalpha.com
BUY 25-26$
STOP 23/23.50$ RISK FACTOR
TP 1 $ AND STOP EVEN 28, TAKE 1/2
TP2 29.50$ TAKE 1/4
TP3 32$ TAKE 1/4
QS hitting bottom with reversal incomingIf this holds the bottom of my pitchfork expect a quick run back up to 30 plus.
QS Sloppy LongEntry here was off, purely speculative entry before a potential breakout which didn't happen, but seems to be holding support. SL below and plenty of room to grow after the bears let go.
$QS entry PT 24 Target PTs 100-60-160QuantumScape Corporation, a development stage company, engages in the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.
$QS - $40 soonQS seems like finished the correction waves. it is on great spot to long for a good RR.
$QS Quantumscape Corp Bullish Signs
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PARABOLIC STEPS PARABOLIC STEPS on the daily view with all the EMAS and DMAS pointing up to push this thing to step 4
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!
