VolumeSpreadAnalysis
Oct 20, 7:11 PM
$QBTS
Price:
$11.835
Volume: Average or below
Catalyst: Continued momentum from D-Wave's recent quantum computing contract wins and sector-wide optimism around quantum advancements.
Resistance:
$13.20
Support:
$10.50
Bull case: A reclaim of
$13.20 on rising volume could spark a push toward recent highs as bulls regain control.
Bear case: A breakdown below
$10.50 with volume could open the door to a retest of the low
$9S.
What I'm watching: Watching for a volume surge to confirm direction out of this consolidation range.
Note: I’m not a financial advisor or a market predictor, and I don’t offer any premium subscriptions or paid services. Feel free to check out the link in my bio: @VolumeSpreadAnalysis
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