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ππβ¨ $QBTS: Quantum Comeback in Full Force! β¨ππ
Kia ora Tiger traders!
QBTS is on the radar again, and my pattern analysis chart is lighting up like a quantum computer on overdrive π»β‘. Currently trading at $2.82 (23Nov24, π³πΏNZ Time), this stock is gearing up for a breakout. Hereβs the play: entry at $2.70β$2.75, aiming for an exit around $3.50β$3.70 ππ .
Take a step back and look at the historyβQBTS flew high in 2022 before that epic supercycle correction ππ. Now? The charts are showing a base forming, support locked at $2.70, and price coiling tighter than a quantum string πΈ. Itβs building momentum, and when it pops, we could see a stellar ride upward πβ¨.
Key levels:
π’ Support: $2.70β$2.75
π΄ Resistance: $3.00
π― Target: $3.50β$3.70
With volume ticking up π and the price action consolidating, this setup screams potential breakout. Once it clears the $3.00 resistance, itβs a free run to the target zone π.
Quantum computing isnβt just the futureβitβs the now π. QBTS sits at the centre of this revolution, but remember, this stock loves to fly high and land fast π. Timing is everythingβstay sharp, traders!
β¨ Pattern analysis rulesβthis is all about precision. Get in, ride the quantum wave π, and take your profits before it fizzles.
Happy trading ahead. Cheers, BC πππ
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Based on the available information, there is no specific news or relevant data regarding D-Wave Systems Inc. (QBTS) to explain its recent price movement or prospects for future growth. Therefore, it is essential to conduct a comprehensive analysis of the company's financials, market conditions, and industry trends before making any investment decisions.
Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, including the potential loss of principal. It is always recommended to do thorough research and consult with a professional financial advisor before making any investment decisions.
I've got a buy loaded so hopefully in soon BC!
Thank you! πππ
I'm in BC π ππ
Great article, would you like to share it?
Great article, would you like to share it?