benedekdomotor

Falling Wedge pattern

Long
NYSE:QS   QuantumScape Corporation
A huge Falling Wedge appeared on the daily chart.
It looks like it will break out in the coming days.
Multiple signs suggest a bullish continuation such as the price closing above the 20 EMA and P-Pivot.
Rising RSI, strong MACD etc...
Stop loss: 25.76
Next resistance: 34.09 and 42.32
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.