QUBTRGTIQBTSIONQQTUM Christmas gift incoming? 🎁 Normally, I’m not a fan of averaging down, except in rare cases. The market’s already priced in slow rate cuts and sticky inflation. This dip might be a prime buying opportunity. Quantum computing's future is loaded with buzz, real breakthroughs and hype combined, could send these stocks soaring. 🚀
I'm having second thoughts about QUBT today. It feels like the stock might be dominated by short sellers, possibly dropping to $19 or lower. It's heavily overbought, and since it's fallen below $21.60, it seems like the shorts have the upper hand. This means we might not see a short-covering rally, and the shorts are likely in a good position to profit.
Be careful everyone and good luck today! Not financial advice!