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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (75907)	12/22/2024 5:13:56 PM
From: Magnatizer	1 Recommendation Recommended By Doug R Respond to of 79296

Fair warning. My heads swimming a bit as I'm riding out influenza A and perhaps a little herbal medicine to support healing. I'll knock them all out but I was so fascinated by RGTI I have spent some time here. Thought I might as well overload the charts for it. Daily: broad view tradingview.com Key players. The two cross horizontals, call the first one A (1.97 - 2.11) and the second B (3.90 to 4.20) A had a sideways test immediately on formation in 22, then was the core of a sideways pattern in 23 and again held overhead resistance early in 24. The recent moved GAPPED the horizontal and returned to sniff 2.11 before resuming it's uptrend. Those type of power moves are a good sign for that zone being done and acceration to begin. I do not consider it in play now, just noting it as it was textbook for the system B is my target for entry on RGTI. After it's initial formation (july 22) there was quite a bit of chop immediately following, ultimately losing grip and not returning until a few weeks ago. My problem here was it didn't gap nor did it retest this area. Close up view tradingview.com Uptrends Most current: if this one is lost I'll monitor for the B channel entry. RGTI tried to pull away mid week but was pulled back pretty strongly by the bears. The bulls then showed up at the uptrend support and defended well. Now in a neutral area. the next most current formed Feb-March 24. It was the uptrend channel RGTI tried to climb at that point. Once it was lost pullback/base through mid 24 started tradingview.com On the move last week RGTI sniffed the top of this uptrend zone before retreating. Not touching the top was a good sign for the bears. it will be significant next time it's tested. tradingview.com The oldest of the significant uptrends formed June - July 23. Multiple attempts to break both ways from it. Ultimately it was lost, followed by one of the long channel tests on A then dropping into the base formation tradingview.com Short term, the focus is on the most current uptrend. If RGTI breaks north of it I'd have a 15ish target which is the top of the oldest of the significant uptrend channels. If it breaks south of it I'd be looking at horizontal B cross channel for an entry. The way this one moves I'd start the long position when it sniffs the upper part of that channel, 4.30ish area.

To: Doug R who wrote (75907)	12/22/2024 6:03:05 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79296

QMCO has quite a bit of data, multiple splits and a ton of overhead to work through before it even sets a MIM. Going to skip it or now. Might to the weekly on it IONQ Before I even draw a CCI trendline I'd like to note the freaking wiggle on this thing. Not sure I've seen 7 signals in 3 months before. That said, now the CCI has failed to regain +200 so it has negative divergence through all of the move since the end of Nov tradingview.com Broad view tradingview.com Key areas Upper 9s to mid 12s contain 6 tline cross horizontal channels. 2 of which were recently formed and never fully tested. The balance provided many great battle grounds, red elipses: tradingview.com Interestingly this last move up just ran right through that zone. Entered the zone Oct 10, took a VERY minor pause for a few cross bars then rocketed out of that zone heading north tradingview.com This looks a bit like SOUN's current formation, FWIW Currently it's coming off a retest of a cross horizontal and using the plethora of uptrends from the 7x wiggle as supports. I missed the buy zone which would have been the retest of the cross horizontal. If it does retest this horizontal I'd now expect the top support to fail and look at the bottom for an entry. Overhead is a key uptrend who's initial formation created quite a few battles which the bears ultimately won as noted with the blue rectangle here tradingview.com Here is the current chart with the blue rectangle outlining that uptrend channel. low 46s is the current bottom with lower 60s the top. tradingview.com There is one more interesting uptrend channel. Formed in the same time zone as the one I just covered but it was immediately lost after formation. What make it interesting is the last gasp IONQ made in that upmove (Sept23) it sniffed the bottom of this zone and repelled quickly. The bears were anxious to defend it, I suspect they'll do the same if it's seen again. Current value Mid 70s (bottom) to mid/upper 80s (top) tradingview.com

To: Doug R who wrote (75907)	12/22/2024 6:19:56 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79296

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.

To: Doug R who wrote (75907)	12/22/2024 6:31:19 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79296

QUBT Broad view tradingview.com Another mildly painful review. Cross bar Oct 10 and, well, shit tradingview.com Spent some time working through the overhead cross channels, then had a final retest on Nov 13 followed by, well... shit tradingview.com Currently using the most recent uptrend as a support while it tries to move through an overhead uptrend channel which formed in 23. I do have an uptrend channel above that but it's a bit on the crazy target side, mid 40s to lower 50s tradingview.com

To: Doug R who wrote (75907)	12/22/2024 6:41:44 PM
From: Magnatizer	1 Recommendation Recommended By Doug R Respond to of 79296

Weeklys QUBT tradingview.com key area on this chart is the cross horizontal. Would provide a good entry point if tested RGTI: only one signal in it's history. Will give a second when the CCI cross back below 200 IONQ: not much to see here other than a wouldn'tthatbenice overhead channel target tradingview.com QBTS not sure of the quality of the signals from Aug 22. QBTS had very minimal volume and price action prior to this wild swing in the CCI for a few bars. it did give a cross which has held resistance, just not sure I'd put a bunch into that one tradingview.com