Chart is either setting up for a huge rally which I've outlined or we're heading to new lows - I'm of the belief we moon.
I think I can see the future somewhat...should rip pretty well if I'm right...send it.
Hi Folks, let's keep under the radar - ARQQ - ARQIT QUANTUM The stock had a first move, and continue to consolidate, while riding its moving average. Now it is waiting for its Break out in the same ways we have recently seen on some AI + QUANTUM stocks. Have good trades !! :))
Arqit Quantum Inc. provides cybersecurity services through satellite and terrestrial platforms in the United Kingdom. It offers QuantumCloud, a Platform as a Service that creates unbreakable software encryption keys. The company also provides maintenance and support, and professional services. Arqit Quantum Inc. is based in London, the United Kingdom.
I will short it when it doesn't stay above resistance!
Outlined both long and short scenarios, levels and ranges.
Arqit Quantum Inc. provides cybersecurity services through satellite and terrestrial platforms in the United Kingdom. It offers QuantumCloud that enables any device to download a lightweight software agent, which can create encryption keys in partnership with any other device. The company is based in London, the United Kingdom.
The MFI shows that we are in a strong oversold area, this means that we will very soon see a pull back down to the support line at $19 USD
Arqit is in a current uptrend and it possibly will keep going this way...
Risky play given the deflationary environment and recent ARKK weakness but I fully believe some stocks I feel are too risky not to be exposed to. Apart from price action and personal conviction, I am waiting to see if a potential $BUG (cybersecurity ETF) breakout could help $ARQQ as well