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Eloquent
Mar 30, 2021 3:43 PM

qs Long

QuantumScape CorporationNYSE

Description

pt: 96
stops: 40

Trade active

5\21 80c at 1.06
Comments
DeanTheHero
Thoughts about this after 44 rejection?
Eloquent
@DeanTheHero, have a lot of things on my list which i cycle through, simply post them as they come
Ajax-Big
@Eloquent, They just passed a critical technical test/milestone. 100M more in from VW on top of the share offering. They're definitely getting ready to go big.
Eloquent
@Ajax-Big it's looking good 💸

i don't pay attention to any news or anything, pure technical trading around here :)
Ajax-Big
@Eloquent, I hope i didnt just jinx us but I averaged several dozen spreads for 4/16 down a bit more over the past week. Shouldve done more today but hindsight is 2020 i guess. Let's hope that this share offering+4th gap fill attempt+successful VW tech test+100M investment brings us to 80 and beyond by end of april.
Eloquent
@Ajax-Big market is going to pull back next week - I'm exiting my positions today & re-entering on a subwave 2 pull back

my main position is the 5/21 60's
Ajax-Big
@Eloquent, Rationale for the pullback and expected size?
Eloquent
@Ajax-Big, 45.35 (sub wave 2 target)
Ajax-Big
@Eloquent, Fair enough.
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