Hi Shoppers,

Quantumscape (Ticker: QS) may have formed a trend-changing doji yesterday:

I am seeing a great support level at $7.62, which you can use as your stop loss, meaning if the stock trades below that level bail on your long calls. Take your loss.

Looking at the calls, I like the Nov18 8 calls:

Be sure to wait for the confirmation this morning. You want to see QS open and trade higher for a bit before entering your trade.

I think QS can trade back up to $9.19 and possibly $9.60.

Trade Review

Amazon (Ticker: AMZN) did not trade higher, so I did not enter a trade.

Thanks for Reading … See You Next Tuesday.

Licia Leslie