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QuantumScape Swing Trade: Nearing Major Support

Shares of electric battery maker QuantumScape Corp (QS) have continued to fall for the last month after reaching an all-time high over $130.00/share. At a current price of near $42/share, investors are getting eager to accumulating this EV play for a swing trade bounce. Based on the technical chart, the QuantumScape swing trade level is at $37.00. Please note, this will not be a long-term buy level as after a bounce, the stock is likely headed significantly lower to $25.00/share. However, as a swing trader, this is a great setup for a bounce back to as-high-as $50/share. Look for the QuantumScape swing trade buy level to be hit as early as this week.

Members of Gareth’s Verified Investing Alerts closed out a total of 206 swing trades in 2020 for a net gain of 1,507.67%. So far in January 2021, Gareth already banked a 10.44% winner on $PTON short, 13.57% on $QS long, 8.55% on $ICPT long, 14.35% on $FUBO long, 11.70% on PLUG short, 5.03% on JPM short and 14.97% on ICPT long. The total gain so far is 83.80% just in January. Members are crushing 2021!  Join now and get the exact entry/exit price alerts, stops and targets…LIVE. Get The Action NOW by Clicking HERE

QuantumScape swing trade buy level shown on the chart below…