QuantumScape Corporation
Penjualan
Diupdate

Buying QS 16 APR 21 30 PUT

735
I'd like to see price hold this resistance on the daily time frame.

If price breaks and closes above $65.68, then I'll close the position and salvage what I can.

I expect price to continue to move lower and check $28.

Why did I buy puts with a $30 strike? Because price has already checked the $38 price level annotated by a check mark. I think price could push further down to the base of that price level (annotated by an up arrow) around $30 within the next 30 days.
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It didn't quite reach my target area. But I decided to close it for some profit anyway.

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