Via buy/sell and smart money indicators, heavy distribution seen today across the quantum space, particularly in 
QBTS, 
IONQ, and 
RGTI, which are deeply overvalued, even beyond the worst dot com valuations. Weekly sell signal also observed. Institutional investors are beginning to exit via euphoric retail liquidity. Signs of weakening have been occurring since last week, and it appears the correction is accelerating.
QBTS, IONQ, and RGTI, which are deeply overvalued, even beyond the worst dot com valuations. Weekly sell signal also observed. Institutional investors are beginning to exit via euphoric retail liquidity. Signs of weakening have been occurring since last week, and it appears the correction is accelerating.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.