$D-Wave Quantum (QBTS.US)$There can be a chance of trap as seems pumping and high volume getting cleared up! Many people who were waiting for 12-13 also leaving hope and selling out!! Lets see where it goes!! Be watchfull!
$D-Wave Quantum (QBTS.US)$ 2ways… either it stick on overbrought territory and keeps going up for days-weeks👀 or Trap.. 👀
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104079172
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Never say never of course but the price history of this stock has not shown this before. It's more likely that it will retrace to sub 10, maybe even fleetingly sub 9 by 24th May. It will take multiple positive catalysts to keep up the price for a long time. There will still be 5-10% days throughout until the next earnings given the good interest in this stock as long as the macro supports
104079172
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All the best AP. But be watchful for a possible flush at the start of trade as the 15min and 1hr RSI are signalling overbought/near overbought conditions. The 4hr is signalling some more vertical movement possibility - you probably have up to 11.4 to play with and it is likely a one time deal like yesterday
$D-Wave Quantum (QBTS.US)$on 15th May we should see 9.56!! range might be. Today again it can fluctuate up down up down and good for day traders!! Still we should be watchfull!!
Navkgp
OPFollow winds
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8.5 might be difficult for now!! Seeing the strength and resistance. But market is volatile and QBTS has show best roller coaster ride so can be possible also!! Time will tell!
Follow winds
Navkgp
OP
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hmm the trading volume decreasing from 700m to 200m. i bet the price i will goes down like usual. this stock easy to go down 10-15 percent in a day if some bad news come out
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