Breaking BEFORE the news play: IONQ CEO sells ENTIRE stock position from founding stock for 100mil. 2597500 shares to be sold on June 11, 2025 (approx date of sale) for $103,224,650. www.sec.gov This is a pre-news coverage play in a hyped sector. Following trading rules 1. NEWS - its not hit the main nets yet, which is wierd considering they covered his sale...
Looks like a good monthly or longer play for the following reasons: 1. Beginning to see elevated RVOL (although it is Pre) in the hundreds. 2. recent fantastic news, the MAIN drug they are developing received FDA approval, this cannot be understated as a) it makes all previous revenues from quarters irrelevant (as they can now fully market and distribute the...
Initially, I was looking at this just as a day trade due to it matching my criteria. These were my notes for pregame trade. "1. Stock is in play, premarket rvol showing 14. 2. continuation play from yesterday with a gap up; technicals is showing two converging patterns, a cup and handle, and a GAP fill; has CLEAR resistance lines on the way up. 3. price is within...