Aug. 26 at 5:46 PM
$QBTS All technical readings are weak:
■ Below all key 20, 50, 100, and 200 moving averages
■ All shorter-term MAs are below next longer-term MAs
■ MACD made bearish convergence
■ RSI dropped to 43
■ Price hugging the lower Bollinger Band
That said,
■ Near
$17 might be ok to dabble in a little with the mindset that this can slide all they way to
$12-13 if market sells off some after ER season ends.