Rigetti Computing, Inc. provides full-stack quantum computing services. It serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The company was founded by Chad Rigetti in 2013 and is headquartered in Berkeley, CA.
After a strong surge pulling away from 8 EMA on daily. The magnetic pulling effect brought down the price however still far from it's 8 EMA. Looking at hourly chart, it appears to have landed on 50 EMA in yellow. However, RSI still weak. Hasn't cross its MA. More room to fall?
Rounding bottom formation since September 2022. Is testing the broken resistance, if it breaks down to the next support I would buy more. Is a highly volatile stock, set your risk reward accordingly.
RGTI seen spiking with high volume. Above 50EMA now but safer to wait for confirmation for it to cross the 200EMA to base and rest there.😁😎👌
Please note that there is a substantial amount of risk involved in this opportunity. Please consider this before proceeding. Rigetti Computing is an integrated systems company that builds quantum computers and the superconducting quantum processors that power them. Through their Quantum Cloud Services (QCS) platform, their machines can be integrated into any...
Investing in Rigetti at present bears resemblance to investing in Microsoft during the 1990s. Quantum computing is poised to exert a profound influence on the technology sector, underscoring the rationale for acquiring shares in a company at the forefront of quantum computer development. The current market indicators suggest an impending surge in Rigetti's stock...
Analyzing the options chain and the chart patterns of RGTI Rigetti Computing prior to the earnings report this week, I would consider purchasing the 2.50usd strike price Calls with an expiration date of 2023-8-18, for a premium of approximately $0.30. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Rigetti Computing - pure-play quantum computing business that went public in October 2021 through a SPAC deal. RGTI has partnered with several leading companies and institutions, such as Ampere Computing, Deloitte, NASA, and the U.S. Department of Energy. Rigetti Computing’s financials show robust growth potential, as the company generated $13 million in...
So recently the PA has shed more light on the prior structures - it's clear we're correcting this entire move and our first 5 waves have completed - Going forward I expect this correction to end soon and we should start our wave 3.
Not seeing this move off the bottom as corrective at all - volume has already confirmed the trend imo and we're early stages here of wave 3.
Bull retrace in progress I believe - If you can't tell yet by recent ideas I think quantum stocks are going to get some love and go on some decent hype runs.
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.
Recently, I have published short-term view on Rigetti Computing, Inc. This should be a guidence for the long-term (1~2 years).
Rigetti Computing (Ticker: RGTI) had been soldoff all the way down to below $2 level with over -80% in 6 months. Now, it is trading at near the balance sheet cash position. Meanwhile, other quantum computing stocks are still trading at 2x ~ 10x their balance sheet cash position. In my opinion, we are at the bottom now. DYOR.