Quanergy Systems Inc (QNGY)

[postal72]

And down to sewer level now SMH

[lockstock31]

Doctor, with all due respect, isn't it time to acknowledge that TA has not worked on this issue, and your appreciated, but short term buy recommendations, have run their course?

[SubPennyBoater]

Let’s close today out over .36

[frans]

I read:: will partner with Fabrinet

[Oleblue]

Quanergy Partners with Fabrinet to Expand Global Manufacturing of LiDAR Sensors

Tue, September 13, 2022 at 6:27 PM

Fabrinet Will Help Quanergy Scale to Meet Growing Demand

SUNNYVALE, Calif., September 13, 2022--(BUSINESS WIRE)--Quanergy Systems, Inc., (NYSE:QNGY) a leading provider of LiDAR sensors and smart 3D solutions, announced today that the company will partner with Fabrinet, a leading provider of advanced precision optical and electronic manufacturing services, for the production of Quanergy’s LiDAR sensors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220913006287/en/

Quanergy Partners with Fabrinet to Expand Global Manufacturing of LiDAR Sensors (Graphic: Business Wire)

Fabrinet is a trusted partner of the world’s most demanding original equipment manufacturers (OEMs). Their proven track record of customer service, flexibility and skill in managing complex operations aligns with Quanergy’s commitment to maintaining high quality and industry standards in manufacturing. With Fabrinet, Quanergy will be able to expand its global manufacturing and scale as demand increases, to deliver greater efficiency for customers.

Quanergy’s customers can be confident that their sensors are high-quality and built by a trusted, seasoned manufacturer with extensive, relevant certifications, including ISO9001, IATF16949 and ISO14001.

Kevin Amiri, Quanergy’s Senior Vice President of Operations, said: "LiDAR is revolutionizing how many businesses operate across the IoT and automotive industry. Fabrinet’s global supply chain expertise, in-house failure analysis and reliability testing, and direct fulfillment result in the efficiency, dependability, timeliness and cost-effectiveness that Quanergy’s customers need."

For more information, visit www.quanergy.com.

About Quanergy Systems, Inc.

Quanergy’s (NYSE: QNGY) mission is to create powerful, affordable smart LiDAR solutions for automotive and IoT applications to enhance people’s experiences and safety. Quanergy has developed the only true 100% solid-state CMOS LiDAR sensor built on optical phased array (OPA) technology to enable the mass production of low-cost, highly reliable 3D LiDAR solutions. Through Quanergy’s smart LiDAR solutions, businesses can now leverage real-time, advanced 3D insights to transform their operations in a variety of industries including industrial automation, physical security, smart cities, smart spaces and much more. Quanergy solutions are deployed by nearly 400 customers across the globe. For more information, please visit us at www.quanergy.com.

Looks like the bottom may be in:

[hawkshaw812]

Must be the news

[postal72]

Looks like a little spike to drum up some volume.

[Dr PennyStock]

it's impossible to know. I know that they needed to dilute 12,500,000 shares since August 18, but I don't know if the rule of 30% of the daily volume applies or not, because that is the rule, but, I didn't see anything about that in the contract.

I sent an email to IR asking that, and the idiot didn't answer me.

[postal72]

Thanks for the update Doc, appreciate it.
Almost impossible to figure how much is left to dilute and with the low volume it’s not helping..could be awhile but hoping sooner than later.

[Dr PennyStock]

If not for the permanent dilution, this stock was already well above $1 several weeks ago.

But when the rally starts, it's all going to be very fast. Looking at the RSI on the weekly chart, I can see a long white candle, or several, in the next few days/weeks.

I see a rally to 1.48, easily.

https://schrts.co/paHqMEIM

[SubPennyBoater]

Chart screaming bottom is in

[SubPennyBoater]

Worst day for the markets in a long time and QNGY is Green. I think it’s safe to say the bottom is in

[kzivann]

Bid slowly filling.

QNGY

[Porteño]

I like it at 0.30 and below. Loaded shares here last couple of days.

Looking at the chart I think we will see a run very soon here.

$QNGY

[postal72]

SHARES ACQUIRED (SEC FORM 4)

https://newsfilter.io/search?query=title:%22QNGY%22%20OR%20description:%22QNGY%22%20OR%20content:%22QNGY%22%20OR%20source.name:%22QNGY%22%20OR%20symbols:%22QNGY%22

[SubPennyBoater]

Recovering

[Dr PennyStock]

Exactly Carter. As per my analysis of the weekly chart posted below, it must run from here.

[Dr PennyStock]

Well done. Now I hope it runs to .55 -.60 still this week.

[Carter]

Same!

[Carter]

Looks like a great entry at these levels doc.

[SubPennyBoater]

In today, and bidding .36 for another few thousand.

[Dr PennyStock]

This is what I called yesterday here:

$QNGY - This is why I think the stock will drop to .36 or near, before the big run. It may be the last chance to buy cheap, IMO. Read the annotations in the chart, please.https://t.co/CyxXBrpI14

— Dr PennyStock (@Dr_PennyStock) August 15, 2022

[glenn1919]

QNGY..................................................https://stockcharts.com/h-sc/ui?s=QNGY&p=W&b=5&g=0&id=p86431144783

[Dr PennyStock]

Maybe this will cause the run we are expecting, and absorb the rest of the dilution.

Fingers crossed.

[Anite]

Quanergy Receives Multi-Million Dollar Order from Prime Secured



https://www.businesswire.com/news/home/20220810005072/en/

[postal72]

Well this turned out to be a big POS! Welcome to the sewers…..

[Dr PennyStock]

Dilution and manipulation (naked short selling, etc) are the only two things that trumps TA.

Give me a stock without dilution and/or manipulation, and I can tell you exactly what will happen.

[lockstock31]

And that's an example of why TA is far from infallible. At least from short-term predictions.

[Dr PennyStock]

"Someone" dumped 540,900 shares at .43, just about 2 minutes afteer the open, and that caused the sell-off.

[Makk1]

I watched the open and thought to myself, if this aint massive dilution then something is way off. Its just the simplest explanation, and They usually turn out to be right.

[Dr PennyStock]

Absolutely. This is what dilution does to good stocks.

I know that about 22 million shares were issued on 5/23, to pay for $9.9M, but, I have no chance to know when they will be done with the sell.

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001794621/000119312522157591/d361082d8k.htm

[Makk1]

Shake doesnt even look close to done, tragic price action.

[Dr PennyStock]

Dilution killed every single attempt to run. I hope this is the final shake down before the run.

[Golden Cross]

Muuvin on up

[Dr PennyStock]

Great close. Breakout confirmed, and possible run to .55 - .54 tomorrow, or higher.

[Dr PennyStock]

Only on great news.

[halbroke1]

QNGY $$$ ABOUT TO GO PARABOLIC. ..$5.00+ will come fast.

[Dr PennyStock]

I expect a breakout of the 50MA today or tomorrow.

https://schrts.co/bXyuZhmG

[Dr PennyStock]

News:

$QNGY news: https://t.co/fEwPW3LRo5

— Dr PennyStock (@Dr_PennyStock) August 3, 2022

I still see dilution, but, it must be almost done, and then a run to 1.20 - 1.48.

[postal72]

Boom!

[Dr PennyStock]

It has given several buy signals, but, the dilution does not let it run.

As soon it is done, it will finally run, hopefully to 1.48.

[copaco2007]

Those shorts are stepping on a landmine that will eliminate them soon...lol

[copaco2007]

I wonder this management which sees the company falling to the floor and they do not do anything. Are they only good in stealing people’s money

[copaco2007]

The market will trash speculative stocks without decent revenues and profits

[copaco2007]

The market will trash it to the floor because it is a speculated and which the market doesn’t bear right now

[copaco2007]

No need to pump this POS if the short trading pattern does not change

[The Night Stalker]

https://www.stockscores.com/chart.asp?TickerSymbol=qngy&TimeRange=1825&Interval=m&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&LogScale=None&Band=None&avgType1=SMA&movAvg1=50&avgType2=SMA&movAvg2=200&Indicator1=AccDist&Indicator2=CMF&Indicator3=StochRSI&Indicator4=MACD&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen

[postal72]

Bullish divergence on the chart, just a matter of time ??

[postal72]

And didn’t hold….new lows

[postal72]

Now looks like it’s going to test the new low made