QBTS Target $2.40Break of a long term triangle pattern has occurred. Price has retested the bottom resistance and now pushing higher. Target $2.4
QBTS trade ideas
D-Wave Quantum Inc. Expands US Footprint, Boosts Defense TiesD-Wave Quantum Inc. has strategically expanded its US operations by deploying a second Advantage quantum computer at **Davidson Technologies**' Huntsville headquarters. This strategic move reinforces the company's commitment to the US defense sector and positions it as a pivotal player in developing quantum computing solutions for critical national security missions.
The collaboration between D-Wave and Davidson Technologies marks a significant milestone in the quantum computing industry. By combining D-Wave's quantum computing expertise with Davidson's deep-rooted experience in aerospace and missile defense, the partnership aims to accelerate the development of quantum-powered solutions for the US government. The establishment of a secure environment for quantum computing operations at Davidson's facility is a critical step in unlocking the full potential of this transformative technology.
D-Wave's decision to expand its US footprint underscores the company's confidence in the growing demand for quantum computing solutions within the defense sector. As the global race for quantum supremacy intensifies, D-Wave's strategic positioning in the US market places it at a competitive advantage. The deployment of the second Advantage quantum computer is expected to attract further investment and foster collaboration within the quantum computing ecosystem.
By aligning itself closely with the US defense sector, D-Wave is positioning itself as a key contributor to the nation's technological advancement and national security. As quantum computing technology matures, the company's role in shaping the future of defense and intelligence is likely to become increasingly prominent.
QBTSIMO, QBTS gets interesting again, as price has closed the gap and approaches 62% Fibo level.
One of the several quantum-topic-stocks, although has completely lost its former bullish momentum. If the assumption is right, we will observe a great trend in the extended wave 3
QBTS is trading below what its financials project If you look at what QBTS is trading at now compared to what other stocks in a similar category are trading, this stock is undervalued. I think this sector is about to see a massive transformation in how it’s utilized, might not become mainstream in this decade, but it will soon. I consider this stock a 10 year hold. No more than 2.5-5% of a portfolio. The mainstream retail assets are forming behind the lines in what’s considered blue chip equity or more specially blue chip tech equity. NVIDIA has a big pullback in its future. It’s riding high on the Bitcoin mining craze. They spent billions on development of quantum computing tech and smaller companies like D-wave will benefit from it down the road.
QBTS - Quantum Computing Company - Huge PotentialD-Wave Quantum Inc is engaged in the development and delivery of quantum computing systems, software, and services, and is also a commercial supplier of quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Geographically, it derives the majority of its revenue from the United States.
News:
D-Wave Quantum Inc. is poised to enter the Russell 3000® Index, marking a significant milestone for the company’s visibility in the stock market. This inclusion, taking effect at the start of trading on July 1st, 2024, reflects the company’s growth and the potential for increased investor interest. The announcement, released on May 28, 2024, underscores D-Wave’s evolving status within the broad-market index.
Recent block buy
Key Technical Levels:
Current Price Analysis: The stock is at a very low price, presenting potential growth opportunities. Scaling in could be a prudent strategy.
Resistance Points:
$1.80
$2.00
$2.40
$3.20
$4.40
Surpassing these levels could signal a positive trend, providing opportunities to take profits at these stages.
Trading Strategy:
Take Profit (TP):
First target: $3.20
Second target: $5.30
Stop Loss (SL): Set at below $1.10 to mitigate potential losses.
Chart Analysis:
Please refer to the attached chart for a detailed analysis of price trends and movements.
Trading Advisory:
Exercise caution and consider market conditions and your own risk tolerance when trading. Conduct comprehensive research or consult with a financial advisor before engaging in trading activities.
Disclaimer: This content is for informational purposes only and should not be considered financial advice.
Joint the 3000 with a chart like this?!If small cap stocks ACTUALLY start to pop, pay attention to medium to larger named small caps since money is still needing some security.
This one is breaking a long term down trend with a huge move and good news.
$2.77!
QBTS D-Wave Quantum Options Ahead of EarningsAnalyzing the options chain and the chart patterns of QBTS D-Wave Quantum prior to the earnings report this week,
I would consider purchasing the 2usd strike price Calls with
an expiration date of 2024-4-19,
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.
QBTS | It's Time | LONGD-Wave Quantum, Inc. engages in the development and delivery of quantum computing systems, software, and services. It provides customers with access to the company's quantum computing systems via the cloud in the form of quantum computing as a service. It offers professional services such as customer assistance in identifying and implementing quantum-computing applications. The company was founded on January 25, 2022 and is headquartered in Palo Alto, CA.
$8 soon?This can start running once the Quantum mania picks up along with AI. It may retest $1.3 before it starts running towards $8.
QBTS - Wedge breakout on its way above 0.95.QBTS - Wedge breakout on its way above 0.95.
On staying and sustaining above 0.95 will go for 1.10,1.32 and 1.5 ++ in coming sessions.
Stoploss placed below 0.85
QBTS | Very Oversold Condition | LONGD-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Launch, a quantum computing onboarding service; Ocean a full suite of open-source programming tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community. It also provides D-Wave Launch, a quantum professional service that guides enterprises from problem discovery through in-production application deployment. The company's quantum solutions are used in artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. It serves manufacturing and logistics, financial services, life sciences, and other industries. D-Wave Quantum Inc. is based in Burnaby, Canada.
QBTS D-Wave Quantum Options Ahead of EarningsAnalyzing the options chain and the chart patterns of QBTS D-Wave Quantum prior to the earnings report this week,
I would consider purchasing the 2.50usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.57.
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.
QBTS Short EntryPremarket I put an order to go short at 1.90 at the 2.00 level, with a target of 1.61 anticipating the 1.50 support bouncing. My sell order got filled around 1:15pm.
QBTS Has a float of 79.38M, A low short float, a market cap of 222.12M, and a net income of -64.50M.
The stock has gone up 382% since its May lows
I see no news on May 22nd to justify the move.
On April 19th I see D-Wave Quantum Inc And Its Units Entered Into A $50 Million Loan And Security Agreement With Pspib Unitas Investments Ii Inc
D-WAVE QUANTUM - QBTSHi Folks,
D-WAVE QUANTUM - QBTS
Let's follow the price movement. This configuration is one of my favorite, but we need to see a strong breakout accompanied with strong volumes.
But the config looks quite strong in this AI-Quantum sector which is the strongest since few weeks.
Keep your stop tight, sit on your gains.
2.15 next levelD-Wave Quantum, Inc. engages in the development and delivery of quantum computing systems, software, and services. It provides customers with access to the company’s quantum computing systems via the cloud in the form of quantum computing as a service products, and offers professional services such as customer assistance in identifying and implementing quantum-computing applications. The company is headquartered in Burnaby, Canada.
Possible Path for D-WaveQuick idea - D-Wave Quantum is in a falling wedge, and may make an symmetrical move that is the inverse to what it has recently done.
It needs to be above a dollar by around July without any extension or it faces delisting. There is talk about a possible stock split, which would obviously change this pattern.
Quantum Annealers WorkBorrow rate to short currently at 178.36%
Quantum Annealers work, look up Logistics Optimization of the Port of Los Angeles. Crane efficiency increased by 60%
Semiconductors are approaching 2nm and are having a real challenge dealing with quantum tunneling effects through gates.
Quantum computing will be the backbone of many systems and can be integrated into existing systems.
QBTS pattern similarity to SPCE Check out pattern simililarity. History tend to repeat itself but its not guaranteed.
