QS has found bottom and broken above 200 MA and gaining support, Looking for a possible retest of support level which will make a great entry towards testing 80
We must be clear that when it comes to atoms, language can be used only as in poetry. -Niels Bohr
The daily chart shows the price action moving between the 25smma and the 50smma. The 50smma should act as support, the logic behind this trade is to enter at the 50smma and look for a break out, or at least a good entry since sideways movement could also be expected. Keep in mind that this is a very speculative, scientific driven investment involving complex...
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+.
QS reports ER next week and it finds itself in a strong swing position, ready to test ATH's by the end of March/beginning of April, based on the length that it took to reach ATHs from the lowest point back in October. Stop loss below C wave or wave 2 on the daily, since that would invalidate the trend.
closed above the 20 EMA for the first time in over a month looks to be the end of an elliot wave, looking to enter a new cycle MACD crossing RSI approaching oversold position relatively high short interest any kind of catalyst will send this flying levels are 52, 60, then squeeze to the 80 range. ultimate PT within 2-3 weeks: $100+
We got a 13% move to the high of the day and we took an ABC back 4% and now volume is coming in again and I think we will see more action to come over the next two weeks as they prepare to release their delayed easrnings. Always wonder when a company delays earning why and the reason behind it. These guys are being sued by 3-5 different law firms for supposedly...
Quantumscape -QS- is this a 200% play? Is it worth the Risk? In a deep drop golden zone. Not fully confirmed reversal. The Risk:Reward is 1:8. Potential 200% gain? Is it too risky or too good to be true? Price potentially could move from $50 to $150ish. Otherwise stoploss at $38ish. What are your thoughts?
NYSE:QS Awesome risk/reward ratio!!
3rd triangle , will give us break out to 56$-57$ next days or 1-2 weeks ! many days considolation at low prices but the stock is returning back every time..!
if the stock retest the lows or no the pt is 60$
short term PT is 60$ if the stock retest the lows or no the pt is 60$
This has been a stock that has hilarious rocketed to over $100. I actually had a coworker tell me about this stock, battery hopes, rocketship emojis, and all that. He bought at $100 and sold at $45 today. Hilarious. We don't get attached to stocks here. We are traders. And boy this setup was beautiful. Trading the B waves of exponential run ups are insane, and...