$IONQ
Added 2023-06-29 08:12:58 +0000 UTCA number of people were confused online as to why this stock took off the way it did yesterday but the chart was showing a very controlled Wave 4 and once it broke out of the bull flag it took off and spent no time running up towards our Wave 5 target.
I normally set my Wave 5 target at the 2 Fib, so this is $13.94, this can go a lot higher, Wave 5 will finish when it wants to finish, it just depends on how many people chase this into the top.
Once Wave 5 is complete, we should see the retracement as always to at least 50% of the first impulse wave up, so I have it coming back down to $8.58 if Wave 5 tops out at $13.94.
Comments
With those charts it is of course always tempting to sell now and jump back in below 10 for more shares but that doesn't work in my brain :-)
Kristof Van Nevel
2023-06-29 13:57:22 +0000 UTCVery long term for me, Quantum Computing is the future I think but nothing is for sure in this world, I add more if comes down in the ABC wave, I spend many hours on quantum computing and I'm happy that you cover this one.
Kristof Van Nevel
2023-06-29 13:29:29 +0000 UTC
