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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (75907)12/22/2024 6:19:56 PM
From: Magnatizer  Read Replies (1) of 79298
 
QBTS

Broad view tradingview.com

Review on this one was a bit painful as it had multiple text book entries and I wasn't even in the quantum ballpark at the time

Nov 4 cross, QBTS put in a solid bar to move out of the horizontal channel and then gapped open the day after. Both moves worthy of speculative buys tradingview.com

so, I say to myself. Self, you missed that one but it's not so bad. Shit happens

Then i see the move through and subsequent rests of the top of the 2.30 to 2.50 cross horizontal channel. This channel had been worked on since formation. When it finally broke the bears it did so with authority

tradingview.com

tradingview.com

Key areas

Two overhead cross channels and the set of most recent uptrends are about it. Lots of bluesky north of 10.80 but I don't have anything there pulling QBTS up

tradingview.com

tradingview.com

It's a pretty solid neutral area for mem as of close Friday. CCI has just cross down triggering a new signal bar so we do have the most recent uptrend to watch. I might think of a speculative entry at or just below the bottom uptrend on that channel. Currently 6.60 on Monday.
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