Hi Shoppers,

I am looking to get long in Quantumscape (Ticker: QS):

Last Wednesday formed a bullish engulfing candle and it has traded higher, flirting with the 50-day moving average on Friday.

I see some resistance at $11.75, but I think it is possibly for QS to trade back up to $13.35.

I cannot decide if I like the Sept. 16 or the Sept. 23 expiration because the Sept 16 is so much lower in implied volatility, but I only have until Friday.

If QS opens higher and really looks bullish, I will go for the Sept. 16 calls, if not I may buy the Septm23 calls.

Trade Review

I am still long my calls in Alphabet (Ticker: GOOGL) and Apple (Ticker: AAPL).

Both charts look bullish to me.

Thanks for Reading … See You Next Tuesday.

Licia Leslie