QS trade ideas
Look Below and FailTouched trend line and failed to break
target the other side of balance
this is a highly volatile stock , and pretty fun to watch
abcd daily short looking for a double top and 618 pullback to enter short, stop above premarket high
QS Long on Dips QS is on our watchlist as this solid-state battery company released data demonstrating that it’s single-layer batter cell could charge in 15 minutes. QS is also using an electrolyte gel, making it more of a hybrid solution than a pure solid-state battery, at least for the time being. That said investor interest for solid-state hold the promise of energy densities 50-100% higher than those of traditional Lithium Ion batteries. Our research suggest QS is targeting the Electric Vehicle market, look to buy Leaps on QS heading into 2021with dips into 66-58 range.
$QS Primary Wave 1 complete, Wave 2 ABC correction underwayJust a basic EW count on QuantumScape $QS.
I would look to go long under $73 all the way down to $59.
Primary Wave 3 PT of $240 to $260, time target of end of late March to mid April.
Time targets are NOT exact
QS shortQS is way overcooked. They are not expecting significant sales until 2027 and they face competition from existing battery producers making their own solid state EV batteries. It could either drop to its 20-day moving average at about $110 or its 50-day moving average at about $86. Either way it will find some sort of support but it is due for a correction. It is trading way outside of a reasonable range.
Short OpportunityEasy short. I know lots of ppl burnt their hands in shorting this. But this is the time.
Does a speculator care to explain the 417% gain here?This battery startup is in the right space at the right time. Headlines showcasing an environment that will be opportunistic for powerful moves.
Think about what the market has priced this at? In three months a market cap almost the size of Ford? Seems like risky business to be long here at this staggering price, but who knows maybe they are sitting on some R&D treasure?
Link to Article finance.yahoo.com
Bubble or insane earnings growth potential? Wonder which of these picks will age better...
Massive runThis is a brilliant runner.
I jumped on it late last week and it's giving some welly. Unfortunately, it's too small for me to get an options contract on being limited to over $2billion market cap.
It's targeting +$140 within a few days
QS BullishIf QS pass the green line tomorrow the next step will be around $79 in a short period of time....
