LivermoreGrahamDisciple

QS Breakout of Descending Wedge

Long
NYSE:QS   QuantumScape Corporation
QS has broken out of its descending wedge ... I believe we are starting to enter another uptrend which could bring some really nice upside with it. I have set my price target at $70 but I would not be surprised if price went as high as $80+.

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price target for which date? I have calls expiring next week, would there be any action by then?
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@hmmkhmmk, While it is possible, I think QS most likely won’t hit that $70 price target by next week. However, I do think QS is entering an uptrend from here and I believe there’s a good chance we’ll see it in the mid-high50’s or low 60’s by the end of next week.
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hmmkhmmk LivermoreGrahamDisciple
@LivermoreGrahamDisciple, Thank you for the reply.
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@hmmkhmmk, No problem! I hope those options work out for you! I’ll keep my fingers crossed for 70 by the end of next week.
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hmmkhmmk LivermoreGrahamDisciple
@LivermoreGrahamDisciple, Thanks. I will share you my gains or losses, next week.
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pavolalmasi hmmkhmmk
@hmmkhmmk, We'll see what the news is on February 16th.
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what you think after today's close, it doesn't look good at all.
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