Quantum stocks are on fireQuantum commuting is going to be one of the important impacts of day to day life in near future. Seems like stocks are getting on fire too.
QBTS trade ideas
Quantum Stocks Back Burner Indicator Check out how the hourly back burner has been signaling good risk/reward entries on a couple of the recent high flying Quantum stocks NASDAQ:QUBT and $QBTS.
The Chart Guys created this indicator for help making entries during strong trending markets, to ensure we are not chasing in euphoria and just reacting to our FOMO. We wait for the consolidation and for shorter term oversold conditions to mark longer term higher lows.
This is an example of why the back burner strategy has been my most profitable trade setup in my career, trading multiple crypto and cannabis euphoria cycles, not to mention names like TSLA, NVDA and others!
D-Wave Quantum Inc. (QBTS): Advancing AI With QuantumD-Wave Quantum Inc. (QBTS) is a trailblazer in quantum computing, providing revolutionary solutions that address some of the most complex computational challenges faced by various industries. Based in the United States, D-Wave is well-known for its pioneering efforts in quantum annealing, which helps businesses optimize operations, solve logistical problems, and develop innovative solutions using the unique power of quantum technology. The company’s mission is to transform industries by enabling faster and more efficient problem-solving through quantum systems.
At the heart of D-Wave’s offerings is the Advantage™ quantum computer . This cutting-edge system boasts thousands of qubits, making it ideal for tackling optimization problems that are difficult for classical computers.
The Advantage quantum system is accessible through Leap™, D-Wave’s cloud-based quantum computing service, allowing businesses and developers worldwide to harness the power of quantum technology remotely. D-Wave also offers the Ocean™ software development kit, a set of open-source tools designed to help developers create quantum-ready applications.
The stock is trading above the Fibonacci 0.236 level, known as the momentum zone. This is a strong sign of an upward trend, as the price is holding in a key area that often supports continued movement higher. A solid buy bar on the chart confirms this momentum and suggests it could be a good entry point for traders.
To manage risk, traders could use a trailing stop just below the Fibonacci 0.382 level. This helps protect initial investment while giving the trade room to grow. As the stock price climbs, a trailing stop method could be used. Trailing stop methods strive to stay in trades longer without selling too soon, maximize potential gains. Using the momentum zone and a trailing stop together provides a simple, effective way to manage momentum trades.
$NYSE:QBTS Consolidating between $4 and $5NYSE:QBTS appears to be consolidating between $4 and $5 a share. Lots of buzz right now in the quantum computing space. D-wave has been in the headlines quite a bit along with NASDAQ:NVDA and NASDAQ:RGTI These stocks are generating a staggering amount of daily volume. Which is great when attracting the FOMO crowd!
Looking for a breakout after this closes above the recent highs of $5.38 (with relatively higher volume). If it misses the breakout then I suspect we're in for another cycle of down/up oscillation.
Primary support is at ~$4.15 with the secondary major support at ~$2.77
secondary.
If this bounces down prior to a breakout, there will probably be opportunities to buy on a dip probably in the $4.20 - $4.60 range.
As with anything with a lot of volatility, hang on to your seats!
Quantum wants to play $QBTS to $5 Quantum wants to play NYSE:QBTS to $5
Idea would invalidate with a daily close below 1.7
Can Computation Transcend Its Own Limits?In the vast, unexplored terrain of technological innovation, D-Wave Quantum Inc. emerges as a pioneering navigator, challenging the fundamental constraints of computational science. Their groundbreaking 4,400+ qubit Advantage2™ processor represents more than a technological milestone—it is a quantum leap that promises to redefine the very boundaries of problem-solving across complex domains like materials science, artificial intelligence, and optimization.
The true marvel of this quantum revolution lies not merely in processing speed but in a fundamental reimagining of computational potential. Where classical computers navigate problems sequentially, quantum computing exploits the bizarre, counterintuitive properties of quantum mechanics—enabling simultaneous multiple-state calculations that can solve intricate challenges up to 25,000 times faster than traditional systems. This isn't incremental improvement; it's a paradigm shift that transforms computational impossibility into potential reality.
Backed by visionary investors like Jeff Bezos and strategic partners including NASA and Google, D-Wave is not simply developing a technology—it is architecting the future's computational infrastructure. By doubling qubit coherence time, increasing energy scale, and expanding quantum connectivity, the company is methodically dismantling the barriers that have historically confined computational thinking. Each breakthrough represents a portal to unexplored intellectual territories, where problems once deemed unsolvable become navigable landscapes of potential insight.
The quantum frontier beckons not just as a technological challenge, but as an intellectual invitation—a profound question of how far human knowledge can stretch when we liberate ourselves from conventional computational thinking. D-Wave's Advantage2 processor is more than a machine; it is a testament to human imagination, a bridge between what is known and what remains tantalizingly unexplored.
Target 3.21Short term target 3.21 and then I expect to go down to 1usd level. Very bullish for a long term
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.
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
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.
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.
$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.
