Rounding bottom Rounding bottom formation since September 2022. Is testing the broken resistance, if it breaks down to the next support I would buy more. Is a highly volatile stock, set your risk reward accordingly.
RGTI trade ideas
$RGTI interesting activity with high volume RGTI seen spiking with high volume. Above 50EMA now but safer to wait for confirmation for it to cross the 200EMA to base and rest there.😁😎👌
Rigetti here we go. Please note that there is a substantial amount of risk involved in this opportunity. Please consider this before proceeding.
Rigetti Computing is an integrated systems company that builds quantum computers and the superconducting quantum processors that power them. Through their Quantum Cloud Services (QCS) platform, their machines can be integrated into any public, private, or hybrid cloud. The company designs and manufactures integrated circuits for quantum computers and develops software for building algorithms for these chips.
Good luck!
All the best.
Rigetti: long term gem! Investing in Rigetti at present bears resemblance to investing in Microsoft during the 1990s. Quantum computing is poised to exert a profound influence on the technology sector, underscoring the rationale for acquiring shares in a company at the forefront of quantum computer development. The current market indicators suggest an impending surge in Rigetti's stock value over the ensuing months, presenting a favorable opportunity to augment our portfolio's overall worth.
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.
Wave ForecastSo recently the PA has shed more light on the prior structures - it's clear we're correcting this entire move and our first 5 waves have completed - Going forward I expect this correction to end soon and we should start our wave 3.
Scam Cycle Log Plot...Not seeing this move off the bottom as corrective at all - volume has already confirmed the trend imo and we're early stages here of wave 3.
Scamage...Bull retrace in progress I believe - If you can't tell yet by recent ideas I think quantum stocks are going to get some love and go on some decent hype runs.
RGTI Long Currently at 'oversold' due to an end of the lock-up period. Rigetti Computing is a Berkeley, California-based developer of superconducting quantum computers. Partnership with Nasdaq, Standard Chartered Bank, United States Department of Energy, Ampere Computing and etc. Rigetti's 80-qubit Aspen-M machine available on Amazon AWS and Microsoft Azure cloud. Huge potential.
Rigetti Computing (Long-term perspective)Recently, I have published short-term view on Rigetti Computing, Inc. This should be a guidence for the long-term (1~2 years).
Rigetti Computing (RGTI) at the bottom?Rigetti Computing (Ticker: RGTI) had been soldoff all the way down to below $2 level with over -80% in 6 months. Now, it is trading at near the balance sheet cash position. Meanwhile, other quantum computing stocks are still trading at 2x ~ 10x their balance sheet cash position. In my opinion, we are at the bottom now. DYOR.
