What Lies Beneath Rigetti’s Quantum Ambitions?Rigetti Computing, Inc. stands at the forefront of quantum innovation, chasing a future where computational power reshapes industries. Yet, allegations of securities fraud have cast a formidable shadow over its aspirations. The Rosen Law Firm’s investigation, sparked by claims that Rigetti may have misled investors with overstated progress or understated risks, intensified after a 45% stock drop on January 8, 2025—triggered by Nvidia CEO Jensen Huang’s assertion that practical quantum computers remain 20 years distant. This collision of legal scrutiny and market shock prompts a tantalizing question: can a company’s bold vision endure when its foundation is questioned?
The securities fraud allegations strike at the heart of Rigetti’s credibility. As the company advances its cloud-based quantum platform and scalable processors, the probe—echoed by The Schall Law Firm—examines whether its disclosures painted an overly rosy picture, potentially luring investors into a speculative abyss. Huang’s sobering timeline only amplifies the stakes, exposing the fragility of trust in a field where breakthroughs are elusive. What does it mean for a pioneer to navigate such treacherous waters, where technical promise meets the demand for transparency? This riddle challenges us to dissect the interplay of innovation and integrity.
For Rigetti’s investors, the unfolding drama is both a cautionary tale and a call to action. With millions of shares and warrants poised for market entry amid a $0.515 stock price, the allegations fuel uncertainty and ignite curiosity about resilience in crisis. Could this investigation, if resolved favorably, strengthen Rigetti’s resolve and refine its path? Or will it unravel a quantum dream deferred? As the company balances cutting-edge pursuit with legal reckoning, the enigma deepens, urging readers to ponder the price of progress and the courage required to sustain it against all odds.
RGTI
Rigetti Computing to breakout soonRigetti Computing Inc NASDAQ:RGTI – Breakout Trade Setup 💪🔥🚀
Entry: Above $12.50 for confirmation
Stop Loss: $10.50 to manage risk
Target: $31.63 based on measured move projection
Risk-Reward Ratio: High potential reward compared to risk
Why This Trade? 📚💡
The stock has been consolidating under a descending trendline and is attempting a breakout. High volume suggests strong buying interest. The measured move target shows significant upside potential.
Risk Management ☔
Use a tight stop below $10.50 in case of a false breakout. Consider scaling out profits near $20 to lock in gains before reaching the full target. Monitor price action for confirmation.
Final Thoughts ✅
RGTI presents a strong breakout opportunity with high growth potential. Watch for sustained momentum before entering the trade.
Rigetti Computing Inc. (RGTI) Long SetupRigetti Computing Inc. (RGTI) price appears to be completing ABC correction in the 15min chart, possibly completed wave (2) of an impulse wave structure and is set for a potential bullish continuation into wave (3).
Setup:
RGTI is completing wave (2) correction and is poised to enter wave (3), targeting higher levels.
Strategy:
Enter at current levels or wait for confirmation of bullish momentum breaking above $11.79.
Trade Plan:
Entry: $10.46, or confirmation entry $11.79
Stop Loss: $9.70
Take Profit: $18.26
Position Size: Adjust to limit risk to 1-2% of account equity.
Risk-Reward Ratio:
Entry at $10.26 with a stop at $9.70 and target at $18.26 offers an RRR of approximately 1:10.
Confirmation Entry RRR is ~1:3
Confirmation:
Monitor for bullish candlestick patterns or a breakout above the $11.70 level to confirm the start of wave (3).
Disclaimer:
This analysis is for educational purposes only. Trading financial markets involves risk, and you should not trade with money you cannot afford to lose. Past performance is not indicative of future results. Consult a licensed financial advisor before making any trading decisions.
Trade Advice:
Stick to your risk management rules and avoid overleveraging.
If the price breaks below $9.70, then the trade is not valid for confirmation entry.
Use alerts to monitor key levels ($11.7 for confirmation and $9.70 for the stop loss).
Cool +168% move $0.54 to $1.45 in 2 hours premarket $SGBXForget about market moving 1% on CPI news if you've got a stock like NASDAQ:SGBX moving 100% or 200%, taking a piece of the action at the safe spot in & out then moving on to the next one and repeating until you've got more money than you know what to do with
RGTI | Next Leg Higher Incoming | LONGRigetti Computing, Inc. provides full-stack quantum computing services. It serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The company was founded by Chad Rigetti in 2013 and is headquartered in Berkeley, CA.
RGTI Rigetti Computing Options Ahead of EarningsAnalyzing the options chain and the chart patterns of RGTI Rigetti Computing prior to the earnings report this week,
I would consider purchasing the 2.50usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $0.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Quantum computing stocks to buyRigetti Computing - pure-play quantum computing business that went public in October 2021 through a SPAC deal.
RGTI has partnered with several leading companies and institutions, such as Ampere Computing, Deloitte, NASA, and the U.S. Department of Energy.
Rigetti Computing’s financials show robust growth potential, as the company generated $13 million in revenue in 2022, up 46% year-over-year. The quantum computing firm expects increased growth as its quantum projects continue to scale.