Quantum Computing Inc (QUBT) is forming a symmetrical triangle on the 15-minute chart. The price just bounced off the lower trendline at $7.59, and the projected move could reach $10.04, offering a +32% upside.
Technical Highlights:
• Triangle Pattern: Clear structure with lower highs and higher lows.
• Support Bounce: Strong reaction from $7.59 (triangle base).
• RSI: Rebounding from mid-range (currently 50–57), signaling strength.
• MACD: Preparing for a bullish crossover.
• Volume: Healthy increase near support area.
Bullish Scenario:
A confirmed breakout above the upper boundary (~$8.20) with volume could trigger a strong move towards the measured target at $10.04.
Stop Loss:
Below $7.50 for conservative risk management.
⸻
Disclaimer:
This analysis is for educational purposes only. It is not financial advice. Please do your own research before making any investment decisions.
Technical Highlights:
• Triangle Pattern: Clear structure with lower highs and higher lows.
• Support Bounce: Strong reaction from $7.59 (triangle base).
• RSI: Rebounding from mid-range (currently 50–57), signaling strength.
• MACD: Preparing for a bullish crossover.
• Volume: Healthy increase near support area.
Bullish Scenario:
A confirmed breakout above the upper boundary (~$8.20) with volume could trigger a strong move towards the measured target at $10.04.
Stop Loss:
Below $7.50 for conservative risk management.
⸻
Disclaimer:
This analysis is for educational purposes only. It is not financial advice. Please do your own research before making any investment decisions.
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.
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.