Daily Halftime Report: QUBT Long PlayDaily Halftime Update: QUBT looks to be preparing for a Continuation from its most recent breakout on 12/16/2024 where it hit $27.15 before retracting. It's currently trading above our more conservative entry but we went ahead and purchase shares at $17.68 with a Price Target of at least retesting $20.98 with a Stop Loss set at $17.15. Although is still down 37% off it's 52-Week Highs, it's currently 98% higher than it's 52-Week Lows so still has some head room above the currently Price Target that we're looking to achieve with some great performance looking back.
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QUBT
Would this count as a symmetrical triangle?Just wanted to check with the community, does this look like a symmetrical triangle? If so, could we expect a break out to higher levels after it?
I just started and learning every day.
By my humble analysis I would buy at around 18.16 and hopefully ride on towards 24 levels!
Let me know If I'm wrong and or what I could learn more!
Fredo
Is Quantum Computing the next Big Boom? QUBT, QBTS, QTUM, IONQQuantum Computing ( NASDAQ:QUBT ) rose 65% yesterday. QUBT is only around $11. Is this the start of a boom for quantum computing? Google came out with news of the Willow Quantum computing chip. Did this news swing the focus over to quantum computing? Will the big trade houses start to invest? We will see? Add QUBT to your watchlist along with GOOGL, QBTS, IONQ, QTUM. This could be the start of something big?
Quick Tutorial of the Time @ Mode MethodHey, guys! Just wanted to cover a quick review of the Time @ Mode method that we use to analyze and set up potential trades in the Key Hidden Levels chat room here on TradingView. If you have any questions, feel free to comment, or join us over at Key Hidden Levels! Using NASDAQ:QUBT as the example here.
Hope you enjoy, and best of luck out there!
$QUBTChart is slowly resetting here for a break out but most like will not happen until either April-May. Patience is needed here.
QUBT - Swing PlayShown strength lately and at an interesting spot.
Volume with ADX showing signs of bullish behavior - tight stop loss.
Promising investor information along with overall market sentiment making me think this could run in the coming days / weeks. Lottery play really but becoming more and more confident this should run.
GLTA