QBTS (D-Wave Quantum Inc.) Long

Oct 3

Asset: QBTS (D-Wave Quantum Inc.)

Timeframe: 10-min Heikin Ashi

Bias: Bullish breakout after demand zone accumulation

Entry Zone: Around 30.36 (current price)

Stop Loss: 27.37

Take Profit: 36.49

RRR (Risk/Reward): ~2.0

Target Gain: +19.64%

Potential Drawdown: -9.80%

🔍 Technical Breakdown

Trend: Clean bullish trend emerging after multi-day consolidation.

Demand Zone: Strong base formed between 24.92–25.67, confirmed by multiple tests and V-shaped recovery.

Breakout Level: Price broke prior range highs near 30, with momentum.

EMA Structure: All EMAs turning up and aligned bullishly.

Price Action: Flag breakout with strong bullish candles; good volume follow-through likely.

💼 Trade Management

Max Risk: 1–3% capital. SL beneath last minor swing and demand zone.

Management Tip: Move SL to breakeven near 33.50+.

Scaling Strategy: Add more at 32.50 retest if breakout consolidates cleanly.

⚡ Extras

Fundamental Note: QBTS is a quantum tech play = high-beta and news-sensitive.

Volatility Alert: Extremely volatile stock. Small size recommended.

“Trends have a higher probability of continuation than reversal.” – Linda Raschke

⚠️ Disclaimer: High-risk asset. Confirm with volume and protect capital with stops.

#QBTS #BreakoutTrade #DemandZone #MomentumPlay #TechStocks #QuantumComputing #RiskReward #SmallCapMoves

Oct 6

Trade active

1:1TP Reached