QBTS — Bearish Head & Shoulders Pattern

jfsrevg
03-14 09:46

$D-Wave Quantum Inc.(QBTS)$ — Bearish Head & Shoulders Pattern

The stock has been consolidating in a lower-high range above the $17s over the past month. Mid-term weakness may resume after rejection at the declining 10/20 MAs.

Price is now approaching a pivotal breakdown level of a 9-month classical head-and-shoulders pattern while trading below all major MAs.

Market Cap $6.6B | ADR: 7.4% | Avg $ Volume: $562M

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