IONQ | InformativeNYSE:IONQ
Fundamental Analysis for IONQ:
IONQ is a leading quantum computing company that specializes in trapped-ion technology. Quantum computing is a highly promising field with immense potential for groundbreaking technological advancements. IONQ has become a key player, attracting significant investments and partnerships from renowned organizations.
IONQ's unique trapped-ion technology offers advantages in terms of stability and scalability, differentiating it from competitors. The company went public through a SPAC merger, providing additional capital and increased market exposure. However, it is important to note that the quantum computing industry is still in its early stages, and commercial applications are yet to be fully realized. The industry faces technical challenges and intensifying competition.
In summary, while IONQ exhibits promise as a quantum computing company, investors should consider the risks and uncertainties associated with the industry's nascent stage. Monitoring technological advancements, market adoption, and partnerships will be crucial in assessing its long-term growth potential.
Technical Analysis for IONQ:
Based on the support and resistance levels, if IONQ breaks above the bullish line of 9.91$, it may indicate a bullish signal and potential upward price movement. In this scenario, the first target price (TP1) could be set at 10.50$, while the second target price (TP2) could be set at 11.13$.
On the other hand, if IONQ breaks down below the bearish line of 9$, it may suggest a bearish signal and potential downward price movement. In this case, the first target price (TP1) could be set at 7.12$, and the second target price (TP2) could be set at 6$.
IONQ trade ideas
IONQ, 1 Hr, Butterfly Harmonic ShapeIONQ , 1hr, Butterfly Harmonic Shape
---------------------Disclaimer ----------------------
I am not a financial /investment advisor. All information I am sharing here is for entertainment purposes only and should not be considered personal investment advice. While the information provided is accurate, it may include errors or inaccuracies. Please, do your diligence when it comes to investing or trading in the market. You are responsible on your choice. Thank you
IONQThe first pure quantum computing play on NYSE
Others are rigetti, honeywell, ibm
Has been pumped
Let's see how far it gets dumped
My suspicion is it will hold up pretty well given the market conditions
But let's see
Not financial advice
Chart: pitchfork off major pivots; in the fib golden pocket
$IONQ IonQ, Inc. engages in the development of general-purpose quantum computing systems. It sells access to quantum computers with 11 qubits. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services' (AWS) Amazon Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service. IonQ, Inc. was incorporated in 2015 and is headquartered in College Park, Maryland.
$ionqSeeing the Nvidia event directed my eyes to this stock. But, just playing technicals, i seen today that it has broken out of a falling wedge. Also the daily trend is another confirmation that there may be upside here, None the less they have earnings next week. i plan on playing this run up and selling half into ER. Anyone else eying this one?
Don't wait too long before jumping in on this onewww.whitehouse.gov
We're proud to have participated in this summit and excited to see
@WHOSTP's continued focus on quantum technology as a key industry of the future! - twitter.com
The US is focusing on quantum computing with the goal of becoming a global leader in the field. IonQ is a leader in the industry now and will play a significant role in the future. Growth could be huge. - twitter.com