Hello traders,
today I prepared for you a signal for buying a relatively new company. This company is a bet on quantum computing. Quantum computing systems are much larger, more expensive, and more prone to making mistakes than traditional computers. IonQ aims to resolve those issues with a "trapped ion" architecture that enables it to produce much smaller qubit processing unit (QPU) systems than its competitors. Its QPU system is only two inches wide, while IBM's refrigerated casing for a single QPU is about six feet wide. Alphabet's Google has also been developing a QPU system, which is about 20 feet wide.
Therefore my analysis is bullish and with price just breaking a trend line for more aggressive approach we can buy the stock here with target around 33$. But we can see there is a clear demand zone between 11$ and 9$. Target stays the same 33$.
today I prepared for you a signal for buying a relatively new company. This company is a bet on quantum computing. Quantum computing systems are much larger, more expensive, and more prone to making mistakes than traditional computers. IonQ aims to resolve those issues with a "trapped ion" architecture that enables it to produce much smaller qubit processing unit (QPU) systems than its competitors. Its QPU system is only two inches wide, while IBM's refrigerated casing for a single QPU is about six feet wide. Alphabet's Google has also been developing a QPU system, which is about 20 feet wide.
Therefore my analysis is bullish and with price just breaking a trend line for more aggressive approach we can buy the stock here with target around 33$. But we can see there is a clear demand zone between 11$ and 9$. Target stays the same 33$.
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