#QUBT

$QBTS #qbts #qbtsstock #qbtstechnicalanalysis #qbtsstockanalysis #qbtsstockupdate $ $QUBT #qubt #qubtstock #qubttechnicalanalysis #qubtstockanalysis #qubtstockupdate $RGTI #rgti #rgtistock #rgtitechnicalanalysis #rgtistockanalysis #rgtistockupdate $IONQ #ionq #ionqstock #ionqstockupdate #ionqstockanalysis #ionqinc #quantumcomputing #quantumcomputerstocks #chartreaders #technicalanalysis #RSI #MACD #Daytrader #DayTrading #SwingTrading #swingtrade #tradingstrategy #learntotrade #tradewithaplan #technicalanalysis #tradingplan

$RGTI (Rigetti Computing Inc.)
Market Condition Influence: Benefitting from the NASDAQ’s robust performance, showcasing significant upward momentum.
Technical Analysis: RGTI shows a strong adherence to technical indicators, notably bouncing off the 8-day moving average—a bullish sign. There's a steady increase in volume, suggesting sustained interest and investment.
Outlook: The stock is on the cusp of challenging a crucial resistance point, previously identified as the IPO line, which if broken could pave the way to testing previous all-time highs. The ongoing performance and the broader market will heavily influence its trajectory.

$QMCO (Quantum Corp.)
Performance: Exhibited a strong price surge, which was notably achieved on average volume, indicating substantial price strength without requiring excessive trading volume to push it upwards.
Technical Analysis: Despite a decrease in RSI, the stock continues to rise, suggesting some divergence. The MACD shows positive divergence, and the stock has bounced well from its 8-day moving average.
Outlook: Maintaining this momentum could see the stock approach next significant resistance levels, with $2.87 as a target based on current trends and technical setups.

$QSI (Quantum-Si Incorporated)
Market Position: Less dynamic than its peers, struggling somewhat to maintain upward momentum.
Technical Analysis: QSI is at a critical juncture, facing the 100-day moving average which has historically been a tough barrier to surpass. The current setup on the weekly chart highlights the necessity for a breakout to sustain bullish momentum.
Outlook: The stock needs to hold above strategic support levels, especially around $1.27, to avoid further declines. A break above $1.75 could signal a more robust recovery phase.

$QUBT (Quantum Computing Inc.)
Performance: Strong upward movement, following closely its technical indicators and benefiting from the overall market's positive sentiment towards tech stocks.
Technical Analysis: Consistently supported by the 8-day moving average, with recent trading sessions showing a robust move past significant resistance points.
Outlook: The continuation of this trend could quickly push the stock towards the next major resistance at $14.35, which if surpassed could bring the stock into a new bullish phase.

$IONQ (IonQ, Inc.)
Performance: IONQ has shown excellent resilience and strength, moving well into all-time high territory.
Technical Analysis: The stock has broken past critical resistance levels with confidence, backed by strong volume and a positive technical backdrop.
Outlook: With no immediate overhead resistance, the stock is in a prime position to continue its upward trajectory, fueled by both market sentiment and its strong fundamental outlook.

$QBTS (D-Wave Inc)
Market Reaction: Displayed explosive growth, surpassing expectations and breaking through multiple resistance levels in a short period.
Technical Analysis: The stock has moved well beyond the 50-day moving average with significant volume backing the recent surge, indicating strong buyer interest.
Outlook: QBTS is now approaching historical resistance levels. A sustained break above these could open the way for further gains, though caution is warranted given the rapid ascent.
General Market Overview
All stocks are currently benefiting from NASDAQ’s exceptional performance, with tech stocks seeing considerable gains across the board. However, the disparity between the NASDAQ and other indices like the Dow Jones and S&P 500 poses some concern for market unity. Upcoming economic events, such as the FOMC meeting, will be crucial in determining whether these gains are sustainable or subject to correction.

00:00 Opening Thoughts on Each Ticker + NASDAQ & FOMC
02:32 Introduction for new viewers
02:57 Thoughts and Technicals for Each ticker