Price has also pulled back in 3 waves here to in between the 0.618 Fib and 0.78 Fib where the 200 Day MA has been waiting.
$IONQ is fundamentally not cheap whatsoever, so please be careful here.
It is a quantum computing play that has grabbed the headlines lately but overvalued positions have been hurt badly, so please wait for support confirmation before considering a position.
RSI has been deep in the oversold territory and recovering, so there could be a move back to the 50 Day MA next at $35.
Angel De Jesus
2025-05-22 18:40:08 +0000 UTCMatt Lampkin
2025-03-13 14:15:06 +0000 UTC