Jul. 17 at 11:34 PM
$QBTS (D-Wave Quantum) Recent Price Action - Technical Traders Perspective
Hey guys,
Urgent Update
It's looks like
$QBTS has failed to break past its main resistance at
$30 dollars after its huge breakout back in April.
The stock attempted 5 times to push past
$30 but ultimately the bulls had no real fire power to break or gap past it which lead to the sell of we have seen.
The stock is coming down to an important price level at roughly
$13 where the stock broke out before and further confirmed that this is most likely the landing zone with the down gap created previously.
$13 is where we can expect to see big moves again with many indicators slowly moving towards this narrative.
All the info and specific price targets/resistances are in the video.
(NFA)
https://youtu.be/-oqj05AuDss
