The essential thread dedicated to the latest Quantumscape news, reactions & investor reflections. Not associated with @QuantumscapeCo $QS. Not Financial Advice
My guide to being a successful $QS investor:
- Have a strong conviction in the technology and where things will be 5-10 years from now.
- The TAM (Total Addressable Market) is huge, relish competition in the space which benefits the sector, there will be no one winner takes all. $QS will eventually thrive.
- Disagree with a @QuantumScapeCo management decision? Voice your thoughts, it's healthy, expect some push back, that's healthy too.
- Price action under $8 is a no brainer buy, this is the historical level for when new shares were issued in the past.
- Ignore the noise and the pump and dump schemes, this is not a meme stock though may behave like one at times.
- Relish the volatility, when the price drops, look at the sector peers, most of the time they are down as well, relax and come back again.
- Buy the dips, don't chase the FOMO.
This served me well and I hope it helps you too.
Excited to partner with @Honda to advance QS solid-state battery technology and manufacturing. Their rigorous evaluation and engineering excellence validate the potential of QS technology across automotive and other applications. https://t.co/pOhqckhw8R
$QS
Quick weekend TA 📊
For now, the uptrend line that started from the April lows is still holding, but Friday's candle and last week's overall action look pretty ugly.
After 9 weeks of moving up, a pullback is perfectly normal. Nothing is broken yet, but we failed to break out of this symmetrical triangle (lots of upper wicks showing rejection).
To keep the bullish trend alive, we are going to need a solid bounce next week!
My personal take: we tried to break out of this triangle for almost the entire week and failed, ultimately getting strongly rejected on Friday (due to macro news). It shows strong selling pressure (large red candle + high volume). We'll need to wait for the next candle to confirm, but I believe we should see a bounce. 🚀
AI data centers aren't measured in compute anymore — they're measured in gigawatts. QS CTO @ironmantimholme & VP/GM Shahar Noy break down why energy flow is the next bottleneck for AI — and how solid-state batteries could help unlock it. 🔋 https://t.co/0VPYhwyOfs
With the Prologium news this week, I signpost you to the second point of my pinned post. Kudos to the Prologium team, what an impressive approach. Over to you @QuantumScapeCo , next product release 😜?
Thank you for raising the profile of $QS @kevinxu and good luck on your challenge which you would have achieved quicker sticking with $QS instead…. We will see you back here no doubt… at a higher entry price 😜.
Note to all, he sold ~3 hours after this post.