10% pullback and then closing out the week at all time highs. Usually not an indication of tops. Expecting a $B next to this market cap at some stage.
Patents imminent for a room temperature 12CQ quantum computing qubit processor chip.
Notice of Allowance issued.
In Monopoly terms, if they recieve US patent in the next few weeks, then I think its collect $2.00. thats not Ma and Pa buying. Time will tell and sentiment has been a bitch in this market. I seriously think this, IF it continues on the trajectory should be a $1B stock. minimium.
LYC is the leader in the space, and looks strong, but $VML is an advanced North American Junior which has been pummelled, badly. any pickup in sentiment and this should do well. The lift on volume makes this a good signal today for mine. Anything below 5c is a great risk reward proposition.
Massive risk around whether these guys can achieve a qubit that is able to be commercialised But they taking a very good swing at it.
Trendline support has been evident and volume is in all the right spots. for a low 70s buy. And then slowly in come the more conservative swingers. Back through 90c and I think they have some very positive updates coming. Lets...
The man told me once, Leading stocks advance 7 out of 10 days from the pivot. This thing has advanced 6 out of 9 weeks.
A weekly close above $15 suggest to me higher from there. Gonna be interesting action. Leave it up to the sharpies to understand all the intricacies of the fundamentals. Im staying dumb.
Really like the action on this tech/data stock. Decent volume through the 20 area. Needs to clear the 21 level on another big volume push. Time will tell. Looks like some decent people getting involved. You can see my alert set.