Well, it broke out of the triangle, only not in the direction I was hoping for.
Read up on the news about Jensen Huang bashing the quantum industry, also checked some background on QUBT (overvaluation concerns).
I bought in at 17.50 about a week ago, being patient with the pennant.
My thoughts:
- Simply hold for the long run and don't panic,
or
- Sell and get out of it before it goes goes down even further towards annihilation (?)
I must admit it was a bit of a gamble based on sentiment and technical anaysis (still learning!)
(due diligence on the company should have warned me a bit)
Any views and thoughts on it are most welcome!
Read up on the news about Jensen Huang bashing the quantum industry, also checked some background on QUBT (overvaluation concerns).
I bought in at 17.50 about a week ago, being patient with the pennant.
My thoughts:
- Simply hold for the long run and don't panic,
or
- Sell and get out of it before it goes goes down even further towards annihilation (?)
I must admit it was a bit of a gamble based on sentiment and technical anaysis (still learning!)
(due diligence on the company should have warned me a bit)
Any views and thoughts on it are most welcome!
Note
Also forgot to mention the volume shelf it is still hanging on to at the moment, sticky situation it seems...Trade closed manually
Glad I got out 
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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.