Quantum Computing Stocks are ON FIRE!  The Quantum Bull Rally is Picking Up Steam. - video Dailymotion

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Quantum Computing Stocks are ON FIRE!  The Quantum Bull Rally is Picking Up Steam.

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00:00Good morning, everyone. So it looks like the theme of quantum computing isn't slowing down

00:05anytime fast, at least as far as it's concerned in the stock market. We've had an explosion of

00:12quantum related tickers this morning, and I wanted to just cover some of that price action.

00:17We've seen our favorite D-Wave retest all time highs. Now there's five rejections. Maybe while

00:24I'm recording this video, we could see it break its all time high yet again. So hoping for that.

00:29I'm going to show you guys a quantum watch list, the stock heat map, so we can see the wider breadth

00:34of the market. And then we're going to go into a bunch of quantum tickers and do some quick price

00:39analysis. A lot of good looking charts so far today that can always change with anything in the market

00:45when we're in a trading day, but very exciting morning for quantum. So let's take a look at the

00:52heat map. The heat map is telling the story of a mixed sort of picture here. So Apple is down.

01:01There's quite a bit of red through health, finance, energy, health services, but we see that Tesla,

01:08Google, Palantir, Meta. We see quite a few tech companies doing really well. So that begs the

01:17question, how are the Q's doing? And the Q's are the QQQ is our representation of basically NASDAQ,

01:27the tech companies in the market. And currently we are at a half a percent gain on the day. So nothing

01:37super crazy. If we look back a month where we've kind of just been chopping around

01:43since Tuesday. And if we look back even further, we can see that from the absolute peak of fear to

01:55today, we're up at the current moment, 29%. So those who bought the dip down here or here,

02:03congratulations, because you've seen some nice returns. Okay. So the story of the day, of course,

02:09is the quantum watch list. And all right. So the quantum watch list, we see that IonQ has made a

02:19massive move of 14%. It looks like investors aren't too concerned about Dr. Bratz, the CEO taking some

02:26profit. So the stock is up 15% today. Actually, let's go over to QBTS because at any moment, this

02:34could break its all time high. So I want to show you guys real quick what's happening.

02:39on the chart here. So we have this morning, one, two, three, four, five, four or five rejections

02:50at this 1780. So we just passed 1770. And look at that. That's good TV. That is good TV. We just

02:58made an all time high yet again. And let's look at the three month chart. So why is that important?

03:08Because now we are once again in price discovery. So how high does QBTS want to go and pretty

03:19incredible. When we saw the CEO sell almost 800,000 shares, the shareholders don't care and

03:25want the stock in their portfolio. There's clearly a ton of buying pressure and macro tailwinds in

03:33specifically the quantum sector. There's a lot happening and people are wanting to make their

03:37positions now for what's to come. So congratulations to QBTS investors, D wave investors, another all

03:47time high. What a crazy moment for D wave investors. Let's look at the all time chart. We are now in new

03:56territory. Once again, we are officially above the May 21st top and we're now seeing where we're going to

04:06go from here. So very exciting. Okay. So back to the quantum watch list. I just wanted to make sure I

04:14got the all time high on video. So that was pretty cool. I could probably end the video right here and

04:19we're all good, but check it out. Rigetti is up 15%. QBT is up 10%. IonQ is up 16%. LAES, which we've

04:27been talking about is up 8%. And Google today is having a 4% day. And remember Google has Google

04:34Willow and they announced Google Willow before a lot of these other big tech players. And they didn't

04:39talk about it much during the IO conference, but Google does things really well. They have a high

04:44quality with their brand. So I'm really personally excited to see what Google does with quantum

04:49computing. All right, let's take a look at D wave. We can see that pump is still going and we are

04:56through the all time high. What can we expect from here or what do I want to see? I want to see

05:03that these two levels, 1762, I'm going to draw another line here because we've had a very

05:12very tight price range established right here. So if the market is to hold, I'd love to see

05:21D wave start bouncing off of its all time high. That would be a bullish case. We could always,

05:27if the market changes, we could see some sell-off and it could come down to 1612. It could come down

05:33to where it opened this morning, but as of right now, it's looking really good. Crossing my fingers

05:39and Regetti. So Regetti, let's take a look at Regetti. And this chart has been phenomenal today,

05:48just beautiful structure. And we're sitting at a 15% gain on the day, single trading day. In fact,

05:56just the first hour of trading and very steady structure on there. And what does that look like

06:05in the six month picture? Well, I've called on this channel a few times before that really this 1150

06:13is an important number for it to be over. And now it's wanting to be in this range. And it spent a

06:21lot of time. We have a lot of price history between 1150 and 1460. So Regetti does appear to be building,

06:28returning to, um, its base of support that it held after the quantum frenzy in the ensuing quantum

06:36crash. So we're maybe back in these levels. If it goes down below 1150, watch it further to the

06:44downside. If it goes above 13, then watch 1460 as a level of rejection. So let's take a look at LAES.

06:54So this is our quantum cybersecurity play. We did get our kit earnings today. They were a little bit

07:01mixed. I wouldn't say there wasn't a ton of excitement there. They do have a DOD contract

07:06and it's still very early in the game. We had mentioned on the channel that LAES may have some

07:13sympathy gains. Our kit today is one of the only quantum tickers that is down because their earnings

07:20weren't the best, but LAES doesn't seem to care too much. They are up at this point in time,

07:318.7%. And I'm going to sound like a broken record. If you're following the channel closely,

07:37uh, the 388 is going to be the important level for LAES to break through. It is sitting in the range

07:47of 345 to 388. And that's a nice spot for it to be. However, historically it has struggled to get

07:59through 388. So that's going to be a key level as we look at this potential rally and potential

08:06reversal. And once again, I'm not convinced we're in a bullish reversal until we break through 388 and

08:12hold above it. So let's take a look at IonQ. IonQ has had a beautiful move today, just constant buying.

08:22And remember our, our, uh, stock heat map wasn't telling the story of an ultra bullish market.

08:29This is really a, a sector that is getting a lot of love and attention from investors. So

08:36from close yesterday to the current candle and 18% gain. And we know that if we look back at IonQ

08:44historically, IonQ had a nice recovery after the quantum crash and like to be in this 36 to 44 price

08:54range. And since late or mid February, it has been priced below this 36 number. So this was actually a

09:04really critical, uh, price break and it's, and it's breaking the 36 with velocity with, with that is

09:13a beautiful green candle there. So it looks like IonQ is wanting itself to be priced in this 36 to 44

09:24range. Um, we'll see if it can hold, we're still early in the day, but that's a very key level. As you

09:31can see in the past, it has used 36 as rejection multiple times. It's also used it as support on

09:40the way up during the quantum frenzy. So this looks incredibly bullish, uh, to me on IonQ.

09:48All right. Any other bonus stock alert? We're going to take a look at airship because airship

09:56is also up almost 9% on the day. And I want to show you since their earnings,

10:03what this, uh, stock has been doing. I made a video, just a couple of videos back, three stocks,

10:12$5 and under, um, that are tech growth stocks. And this was one of them. And I just want to show you

10:18from earnings, what the stock has done. It's gone up 46% at its peak, and it still does appear to be in

10:26this bullish rally. It's up 35% today. So if we just look at this earnings rally, so far, we're

10:34holding this rising support. Now, uh, there's not a lot of price data there. So let's go back three

10:41months in its price history. It has rejected off of 525, a number of times. So for it to be trading

10:50over 525 is a bullish sign for airship. We can see that once it gets over 525, then there is

10:59pretty good upside anywhere between, uh, seven to $8. And if we look at the all time chart at one point

11:09closer to when the company was newer to the market, it was trading at 14. So even if we

11:16thought, okay, the growth story is intact here, it's going to get back to seven or eight bucks,

11:24that's a 42% gain. Or if it gets back to its all time highs, that's 160% gain. So, um, and in a

11:35bearish case, if it were to move down, if things were to change in the market, then I think there's

11:40a pretty solid base of support here at 322. So airship, well, a fun one. All right, guys,

11:49we've had a fun morning so far. Hopefully it holds. If you like content like this, please

11:54consider leaving a like or subscribe. If you're, um, investing in quantum stocks and you're seeing

11:59some green in your portfolio, congratulations as always not investment advice. This is just

12:05me providing information and hopefully a little bit of entertainment. If you are treating these

12:12stocks, especially quantum stocks, just understand that it's a risky and speculative trade. So set

12:18stop losses and look out for yourself. All right. Well, have a good day and good luck in the market.

12:35Bye.

Quantum Computing Stocks are ON FIRE! The Quantum Bull Rally is Picking Up Steam.

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