IONQ (NYSE: IONQ) just printed a strong bullish continuation pattern with a clean break above cloud resistance and key pivot zones. The price is holding above $31.50 and is now coiled just under the recent high—setting up a powerful breakout opportunity.
🔍 Technical Breakdown:
✅ Price well above the Ichimoku Cloud = bullish momentum
✅ Clear support at $31.56 (pivot) and $28.25 (former resistance turned support)
✅ Tenkan-sen holding as support and acting as launch pad
✅ High-volume breakout potential toward R1 at $45.25
📊 Trade Setup:
Entry: $32.97
Target: $45.05 (+36.62%)
Stop: $28.29 (-14.21%)
Risk/Reward Ratio: 2.58
Size: 1,495 shares | Risk: $21,000 | Potential Reward: $46,038
🧬 Why IONQ?
IonQ is a pure-play quantum computing stock, and one of the first to go public. It’s building real momentum in a frontier tech space, with growing commercial interest and research applications.
📈 Revenue ramping and partnerships increasing
🔮 Quantum is early, but the market is projected to hit $100B+ in the next decade
💼 Backed by Amazon, Google, and other major players
This setup combines long-term thematic upside with a technically clean swing opportunity.
Would you trade this breakout or wait for a dip? Let’s hear it 👇
#IONQ #QuantumComputing #BreakoutTrade #Ichimoku #SwingTrading #GrowthStocks #TechStocks #TradingView
🔍 Technical Breakdown:
✅ Price well above the Ichimoku Cloud = bullish momentum
✅ Clear support at $31.56 (pivot) and $28.25 (former resistance turned support)
✅ Tenkan-sen holding as support and acting as launch pad
✅ High-volume breakout potential toward R1 at $45.25
📊 Trade Setup:
Entry: $32.97
Target: $45.05 (+36.62%)
Stop: $28.29 (-14.21%)
Risk/Reward Ratio: 2.58
Size: 1,495 shares | Risk: $21,000 | Potential Reward: $46,038
🧬 Why IONQ?
IonQ is a pure-play quantum computing stock, and one of the first to go public. It’s building real momentum in a frontier tech space, with growing commercial interest and research applications.
📈 Revenue ramping and partnerships increasing
🔮 Quantum is early, but the market is projected to hit $100B+ in the next decade
💼 Backed by Amazon, Google, and other major players
This setup combines long-term thematic upside with a technically clean swing opportunity.
Would you trade this breakout or wait for a dip? Let’s hear it 👇
#IONQ #QuantumComputing #BreakoutTrade #Ichimoku #SwingTrading #GrowthStocks #TechStocks #TradingView
Trade closed: target reached
Trade closed. Target reached 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.