Currently at 'oversold' due to an end of the lock-up period. Rigetti Computing is a Berkeley, California-based developer of superconducting quantum computers. Partnership with Nasdaq, Standard Chartered Bank, United States Department of Energy, Ampere Computing and etc. Rigetti's 80-qubit Aspen-M machine available on Amazon AWS and Microsoft Azure cloud. Huge potential.
New 84 Qubit QPU release early 2023. Fastest CLOP QPU in the world according to Rigetti Investor Day 2022.
Strong support tested at 2.26 level. Balance sheet got much solid after $75M committed equity facility.
Trade closed: stop reached:
The founder and CEO left the project. Losing competition. Bearish.