IonQ, Inc.
Long
Updated

IONQ: A Bullish Opportunity? Let’s Break It Down!

1313
📊 Targets We're Watching

First Goal: $39 – the point where the gap started to close.
Second Goal: $49.30 – right before that big drop.


🔍 What’s Happening?

IONQ has fallen sharply from its all-time high of $54.74, with a big gap down from $49.30 to below $39.
The demand zone between $26-$28 has historically acted as a strong safety net.

📈 Potential Gains

If you enter at $27.63, here’s the math:
First Target ($39): A potential gain of 41.15%.
Second Target ($49.30): A massive 78.43% upside!


🌍 Why It’s Worth a Look

Even with some bearish noise about quantum computing’s timeline, IONQ crushed expectations in Q1, showing it has real momentum.
The stock is already down 49.52%—a reflection of panic selling. While we can’t predict how much further the fear might push the price down, it could be worth a try here with limited risk.
Plus, the RSI is sitting at 21.41, meaning the stock is oversold and could be primed for a bounce.

💡 Strategy Ideas

Entry Point: You could jump in now or wait for a dip closer to the $26-$28 zone for a safer play.
Exits: Look to take profits at $39 first, and if it keeps climbing, aim for $49.30.
Risk Management: Keep your position size reasonable to handle any volatility.
Trade active
Trade is running in Profit.
Note
Take Profit 1 has been reached!

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