Finally time to Buy QS?

3월 24일

-QS has been falling into a macro descending broadening wedge (Bullish) since Nov 2020.
-Since Dec 2022 it looks like the selling pressure is starting to cool off as the price has gone sideways and is potentially forming a macro bottom.
-As long as price stays above $5 then AND breaks above the top trend line of the wedge, then i will remain macro bullish.
-There are two main daily gaps at around $10 and $80. The $10 gap is definitely in reach right now and would expect it to get filled sometime this year if this company stays active in their pursuit of SS batteries.
-The green path is the bullish path. $10-$17 may be tough to break, but if so, then the next stop in the macro will be the $25 region.
-The red path is the bearish path to $1-$2. But as of now i am not favoring that path.

In conclusion, this is the time to be accumulating QS for the long term. This could pay off if the company does manage to be successful in developing the battery of the future.
-In 3-4 years we could be looking at filling the $80 gap.