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QuantumScape Corporation
Long

Falling Wedge- Bullish

By jacobosiason7
Updated
QS has been in a downtrend for quite some time now but is forming a massive falling wedge (bullish). QS has strong resistance at the $32.74 level as well as the $39.27 mark. Bollinger bands are also squeezing and buyer volume is starting to pick back up as we've been seeing a general rotation back into growth stocks in the market. Will be looking for QS to break out of this falling wedge.
PT1- 31.04$
PT2- 37.56$
Note
watching at open tomorrow along with LAC & BLDP
Trade active
Breaking out of that falling wedge
breakoutbreakoutsetupBullish PatternsbuyerChart PatternsFalling WedgeTechnical IndicatorssqueezeTrend Analysis
jacobosiason7
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