Flagging and Daily Bull Case is Building
QBTS is trying to regain its bullish daily trend. While we have had 3 consecutive days back in the green candle (bullish) territory, the momentum has not been long enjoyed by the bears. Today had the glimpse of bull traction but close wasn't the most convincing.
Nevertheless, EMA stack looks solid and daily closes are looking promising. Don't be surprised if we get that new trend pullback before the real move.
Watching this one closely. Weekly is bullish and building a base around this 6ish level.
Nevertheless, EMA stack looks solid and daily closes are looking promising. Don't be surprised if we get that new trend pullback before the real move.
Watching this one closely. Weekly is bullish and building a base around this 6ish level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.