D-Wave Quantum Inc.
Updated

QBTS watch $11.11/23: Major Resistance after Earnings pump

638
QBTS got as nice boost from the last earnings report.
Bulls able to pierce but not hold a major resistance.
Look for a Dip to Buy or a Break-n-Retest for entries.

Trade active
Uptrend is BACK
snapshot
(yellow shaded area is from posting time)

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Closer look with notes:
snapshot
Caught a PING entry EXACTLY off our zone.
Closed 25% each at two TP's, 13% and 18%


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What next?
snapshot
Looking for TP 3 at $13.76.
Will close another 25% if we get there.

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Trade closed: target reached
BOOM! 58% gains on final target
snapshot
(yellow shaded area is from posting time)

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It went a little higher but came back down.
So $17.87 was a good exit for longs there.
Will post another idea when the fibs say so.

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