⚡ QuantumScape (QS) – Wave Structure & Fibonacci Roadmap ⚡
The chart is suggesting a potential Elliott Wave 5 sequence in play, supported by fib extensions and accumulation volume.
🔹 Wave Count
(1) Rally peak near $15.94
(2) Retracement base near $8.50 support
(3) Projection: ~$25.12 (161.8% extension)
(4) Corrective retracement: ~$18–20
(5) Final push: ~$29–30 (200%+ extension)
🔹 Key Levels
Current: $9.96
Support: $9.35 → $8.11 → $6.50 (demand zones)
Upside targets: $18.27 → $25.12 → $29.08+
🔹 Volume & Structure
Increasing demand spikes at support.
Structure resembles bottoming → impulse setup.
If accumulation holds, next impulsive leg could accelerate.
✅ Outlook:
QS shows potential for a multi-leg upside move if $9 support holds. Initial confirmation would come with a breakout above $12. Wave 3 projection suggests a mid-term rally toward $25+ before corrective action.
#QuantumScape #QS #WaverVanir #ElliottWave #InstitutionalTrading #EnergyTech
The chart is suggesting a potential Elliott Wave 5 sequence in play, supported by fib extensions and accumulation volume.
🔹 Wave Count
(1) Rally peak near $15.94
(2) Retracement base near $8.50 support
(3) Projection: ~$25.12 (161.8% extension)
(4) Corrective retracement: ~$18–20
(5) Final push: ~$29–30 (200%+ extension)
🔹 Key Levels
Current: $9.96
Support: $9.35 → $8.11 → $6.50 (demand zones)
Upside targets: $18.27 → $25.12 → $29.08+
🔹 Volume & Structure
Increasing demand spikes at support.
Structure resembles bottoming → impulse setup.
If accumulation holds, next impulsive leg could accelerate.
✅ Outlook:
QS shows potential for a multi-leg upside move if $9 support holds. Initial confirmation would come with a breakout above $12. Wave 3 projection suggests a mid-term rally toward $25+ before corrective action.
#QuantumScape #QS #WaverVanir #ElliottWave #InstitutionalTrading #EnergyTech
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.