🧠 Chart Analysis Summary:
Setup: QUBT bounced off a long-term ascending trendline (pink), with potential reversal from support.
Current Price: $17.67
Breakout Zone: A breakout from the small falling wedge/pennant pattern appears underway.
Support Zone: Around $17.25–17.50 (white/yellow lines)
Target Zone:
First Target: $18.51 (red line)
Final Target: $19.61 (green line)
🎯 Trade Idea (Long Position):
Entry: $17.60–$17.75 (post-wedge breakout)
Target 1: $18.50
Target 2: $19.60
Stop-Loss: Below $17.20 (trendline support break)
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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.