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Value-Invest
May 30, 2021 6:37 PM

QS Could move up to $29.50 in short term Long

QuantumScape CorporationNYSE

Description

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
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