Positive
W - bottom pattern
50 EMA bounce
11.50 will be a good area to see if the pattern is playing out, and we don't get a big rejection
Negative
Macro winds
Unprofitable company, this is still a momentum play - let's see
NYSE:QS has great potential since their main focus is sustainable batteries for EV. We see four very bearish candles with a huge gap, after NYSE:QS announce that they will be creating more shares. Despite daily MACD looking bearish, I think NYSE:QS will be turning around soon. Pivotal line is the blue line (currently around 7.28) think we will see it drop...
If you haven`t sold QS here:
Then analyzing the options chain and the chart patterns of QS QuantumScape Corporation prior to the earnings report this week,
I would consider purchasing the 10usd strike price in the money Puts with
an expiration date of 2023-8-4,
for a premium of approximately $1.17.
If these options prove to be profitable prior to the earnings...
QuantumScape is an American company that develops solid state lithium metal batteries for electric cars. The company is headquartered in San Jose, California and employs around 850 people. Investors include Bill Gates and Volkswagen.
Volume and trend play. Volume has picked up and priced dropped significantly with market pullback. Lets see where this ride takes us. In at 9.20. PT and SL defined in chart.
15 minutes.
A Possible pullback already started with a bearish alert and a bearish crossover after a PEG of 2 days ago.
Price action is still positive.
Waiting for a move below $12.30
long term downtrend broken a while back then entered a yearlong consolidation faze!
looks like it may finally break out from this consolidation, nice volume increase we have not seen in recent history.
RSI is overbought, so some sideways or small pullback before more rally wouldn't Suprise me.
boost and follow for more. thanks 💛
With a lot of attention ahead of its earnings report, NYSE:QS had a volatile reaction to the report yesterday, but it is one of several companies vying for dominance in Solid State Battery technology. Auto parts are a niche sub-industry of Electric Vehicles to pay attention to for both short term and long term.
From the weekly chart: The stock is building a...
The daily chart sees rising lows with bullish crossover and bullish alert.
Still waiting for a good price action.
Rising lows were not easy to find lately.
This idea is based on the elliott wave theory. The last upmove can be considered a wave 1 followed by an abc correction. We are likely to see a wave 3 move upside with targets towards 40.
Solid-state batteries could be the future of electric vehicles and QuantumScape Corporation (NYSE: QS) aims to emerge as a pioneer for this new battery technology. Compared to the lithium-ion batteries currently used in EVs, solid-state batteries offer more advantages which is why Volkswagen partnered with QS to develop its product. Together, they aim to include...
Solid-state batteries could be the future of electric vehicles and QuantumScape Corporation (NYSE: QS) aims to emerge as a pioneer for this new battery technology. Compared to the lithium-ion batteries currently used in EVs, solid-state batteries offer more advantages which is why Volkswagen partnered with QS to develop its product. Together, they aim to include...
Quantumscape could could be forming an Inverse Head & Shoulder formation.
A Battery development company that could crack the task of long life batteries, sending this stock up 10X +.
A Green World needs this NOW!
Stay Invested, and cautious.
Regards Investors.
Descending broadening wedge. 2 year downtrend broke to the upside on the 3 month timeframe. $85 target for 2023, 200+ target for 2024-2025.
Enjoy the ride !
I think that QS will see 12-20 dollars again based off the Bullish Divergence on the Weekly Double Bottom and the Falling Wedge and the stable earnings relative to other companies of the same sector.
