QS trade ideas
$QS UpdatedMade a great trade on QS calls and decided based on the reaction of news to execute 100 shares @25 to hold for mid term swing. Great volume and price action.
"California-based EV battery startup QuantumScape and a second top 10 global automaker agreed to partner"
Based on Volume Profile, we want to see a break of $32. She might need to cool off (RSI slightly over bought) and consolidate but really like the positive MACD and bull cross.
After $32 theres's a nice volume gap, so if you're not long already an idea would be to watch for a breakout of $32 with the next target (supply) at $42.50.
Trailing mental stop below 21EMA
Powerful movement in QuantumScapeQuantumScape is an American company that researches solid-state lithium-metal batteries for electric vehicles. The company is headquartered in San Jose, California, and employs about 400 people. Investors include Bill Gates and Volkswagen.
Yesterday, very large volumes were traded in the stock, the price rose by 16 percent, breaking through the level of 23.34 and stopped at the resistance of 25.
Earlier, the price broke through the downward trend up.
You can wait for the level 25 to break through or open from the current positions.
Goal 1:$ 40 (65.5%)
Goal 2: 83.64 (241%).
$QS is gonna fall todayPupm&Dump trading strategy idea.
$QS is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $23,24;
stop-loss — $23,85;
take-profit — $22,02/MOC
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
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$QS Quantumscape pops 12% on new deal
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QS: Range Trading - TIME TO BUYAfter testing the low on 19-July-21 the price is moving inside a range for almost one month. This can be the last chance to buy this stock for this month.
The first target would be the top of the range that corresponds to $24.33 or +13.28%. A move of the price above the trading range may open the door for more upward movement.
Thank you and Good Luck!
competition coming onlineOther batteries companies on the cusp of developing new battery tech including the big players like Toyota, Tesla, and likely Apple. No need to take Jagdeep's word for it anymore. There's going to be working mass produced SSB in cars by revenue-generating companies well before this team can get their sh*t together.
Produce a battery or go private. You're not a business if you don't have an actual working product. You're a science experiment with Theranos vibes.
Quantumscape vs. Toyota vs. TeslaOn the technicals, I see Quantumscape peeling itself off the floor with perhaps a 1-2 session of shorts covering in some sort of news blitz or meme spotlight, then a descent back to the mid to high twenties. Selling down here at ~$20 doesn't make much sense.
When it comes to the fundamentals and timing on SS batteries, Toyota and Tesla will likely breakaway winners in bleeding edge battery tech in the next few years. VW might be pigeon-holed with QS. Something's odd about this company. They've existed for over a decade yet can't produce a product to buy. They went SPAC, and talked up their power point presentations and then high growth stocks took a royal dump and haven't recovered. QS is cagey, they need to put up or shut up. Right now, they've shut up. And their shares reflect that.
If QS is indeed legit, and they have ground breaking patents that can compete with Toyota (who have the most SSB patents), then QS should just be acquired at these levels. It's a no-brainer VW should buy them out. Batteries are the future of transport and nearly every dam motorized thing, this tech will work in f ing lawn mowers to boats, smartphones, everything. It's just f ing strange they don't use this tech in smaller gadgets FIRST and then make a huge SSB for a car. Ass backwards IMO.
I've made a little money trading around the hot momentum in QS, but this name continues to be obscure and limited on 'solid' (pun intended) bullish information. I currently own 75 shares at ~$48.01 I'm selling into rallies/spikes hopefully near $35+ and appropriating my spec capital back into TSLA and an ARK genomic fund.
GLTA in QS. Possibly a little more pain in this name, but the technicals suggest there will be modest bounce in share price coming if you're bull-trapped like I am. I still think $18 is where it might bounce, but if the name continues to be a ghost town, $12-15 is a fair low water mark as well 🤙🏽
$QS!! 1000% RETURNS... WATCH THIS SHORT SQUEEZE **High Watch Alert**
-Getting into some longs this thing squeezing hard AF here's a few things to look at:
-massive squeeze on the daily meaning we need to look for long contracts
- 15% short float
-above $32.05 is the green light for us but I am scaling into long positions.
-the bounce can possibly take us to new highs but this needs a little more time to pop
-I'm getting in while I have the chance