QuantumScape: 2 targets hit, the third waits for week 10

QuantumScape enters week 9 of a buy signal: 2 of the 3 statistical reference levels from our most advanced model have already been reached, the stop has been moved to breakeven and trade risk is zeroed out. Signal strength remains high at 87 out of 100, but the stock has slipped back below its structural moving averages; on the daily chart, a double bottom in the 6.9 area has produced a 24% rebound so far.