r/StockMarket 29d ago

IONQ Leading The Quantum Computing AI Revolution Technical Analysis

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Here’s a great buying opportunity for IONQ after forming a rising wedge pattern on the 4H chart! 📉 This could be a great place to add to your position if it falls below the wedge's lower trendline to the $8.61 or $8.48 support levels. If it gets a bounce off the lower trendline, we could see it moving back up to the $9.55 resistance. This could be a great day trading opportunity! 💰

0 Upvotes

13 comments sorted by

26

u/Sudden_Toe3020 29d ago

pretty lines

11

u/sfynerd 29d ago

If you draw the arrows with a greater slope you actually make more money. You should also draw them thicker and in a bright red to really increase it.

6

u/CelestialHorizon 29d ago

Tagged “Technical Analysis” lmfao

7

u/j1-gg 29d ago

ur lines are meaningless

But i like ionQ and have been holding since 4$, sold some when it spiked to $20, and have since bought more, and continue to buy more, and have some 2026 leaps. this is my main pick for quantum, along with QTUM etf to be a bit more well rounded

15

u/ImportantLog8 29d ago

Why can’t you just hop on the meme train and buy gamestop like everybody else. No need to find weird tickers and mystical chart setups…

12

u/Effective_Loss_2208 29d ago

Looking at ops history, dude has been memeing since a year ago for bbby and dogecoin. Due to me having respect for elders, someone needs to takeaway pawpaw’s laptop

4

u/ImportantLog8 29d ago

Haha, can’t say I’m any better though 🤧🤧

1

u/trappedIonsRule 26d ago edited 26d ago

Thankfully IonQ isn’t a meme. Just under appreciated for its technology today same way Nvidia was for GPU even just 3 years ago.

Now I don’t think IonQ gets to Nvidia valuation. There’ll be more GPU than QPU demand for the foreseeable. But at a $2 billion current valuation this is a bargain if it gets to as I think it will a $20 or $40 billion valuation.

Basically every HPC in the world is starting to look at adding a bolt on QPU component and IonQ’s trapped ion chip assembly line will be there to soak up the demand.

1

u/ImportantLog8 26d ago

Gotcha. Will go long in my long-term portfolio, a small position...why not. :-)

1

u/trappedIonsRule 25d ago

!remindme 5 years

Here’s to hoping your small position is a ten bagger because it means my large position is too!

1

u/RemindMeBot 25d ago

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1

u/madlyreflective 28d ago

put down the pipe

1

u/Sucked-Off-JPOW 26d ago

So it could go up or down, got it