TraderGG100

Quantumscape is a Buy. Max Greed when others are in max fear.

Long
NYSE:QS   QuantumScape Corporation
Many reasons to buy. ignore the news.

Maximum fear due to court issues / performance issues etc, like after literally pumping 10x like crazy within a month.

Technical points
- 50 Day MA support
- 0.713 fib support
- double bottom formation
- %60 drop from all time highs within 2 weeks.

I expect a 'fear rebound' and probable outcome is the gap close at $83

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