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FriscoTrades
Mar 28, 2022 2:43 PM

$QS Close above 18 and trend is up Long

QuantumScape CorporationNYSE

Description

If Quantumscape can close above $18, technically speaking in the short term it has broken the down trend and is now trending up.

I also like like the huge VP void above, implying a potential 23% move .

Really good R/R here IMO, I'm long. A trade idea would be just hold shares, or buy some time with May 20 and 25 calls. (I'm in both).

A close below $18 invalidates idea

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