$QS - RC -
Added 2023-07-02 01:03:47 +0000 UTCAnother stock that has been consolidating for over a year here and was a popular stock during the the start of the bull run in 2020 but declined heavily due to setbacks from developing their battery technology.
The Chart is showing promise so far this year, making a higher low in May and testing the 200 Day MA now and slightly going above but it has not held above just yet, another test will likely come next.
If this is unsuccessful, we should see this move down to the blue line again at the bottom and consolidate.
If it is successful at the 200 Day MA and holds above, we could see this move up the impulse green wave to Wave 3 at $16.
