Been seeing these kinds of patterns a lot atm. Huge spike in volume, RSI compressing into a pennant pattern, and price consolidating under a clear resistance level.
Company has raised a decent amount of cash to burn on R&D, and there's a lot of talk rn about quantum computing being the next breakthrough tech (although the likelihood of this seems many years away).
In short, looks like it could be a super long-term, high-risk, pure-play quantum computing punt. Adding this to my watchlist to see how this plays out over the rest of this year.
NFA, DYOR.
Lmk if you agree or disagree with this idea in the comments below! Forever a student, and all that.
Company has raised a decent amount of cash to burn on R&D, and there's a lot of talk rn about quantum computing being the next breakthrough tech (although the likelihood of this seems many years away).
In short, looks like it could be a super long-term, high-risk, pure-play quantum computing punt. Adding this to my watchlist to see how this plays out over the rest of this year.
NFA, DYOR.
Lmk if you agree or disagree with this idea in the comments below! Forever a student, and all that.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.