IONQ Short or Long +/- 18%

Oct 26

IONQ Potential Setup

Watch IONQ closely: it’s currently at a key zone where two possible scenarios could unfold

1. Confirmation of the rising wedge pattern: If the price validates the pattern, a short-term pullback or downward move may occur before a new entry opportunity.
   
3. Break of the Head & Shoulders (H&S) formation: If the price reverses and breaks the pattern to the upside, it could trigger a LONG trade with a potential gain of approximately 18%, based on the pattern target.
   

In both cases, it’s recommended to wait for confirmation before entering, setting your entry price and stop loss according to your risk management.

This is for educational purposes only and does not constitute financial advice. Always do your own research before trading.

7 days ago

Trade active

The pattern have changed to double bottom with a new target 20/21% (80$) from neckline (65.63$)

RSI: 37.98
MACD -1.94 but with a previous min -4.37
STCH: 30.36
Vol moderated with buy dominance
Price over bull market support band

Premarket with 2.47% high now

5 hours ago

Note

The system only let me update with Close tag or Cancelled. But continue ACTIVE

The pattern continues with the double bottom target in the liquidity zone around €80. From now, that’s approximately over 40% from our previous entry, which is already up more than 20%. Remember, this is a volatile stock with a beta of 1.63, so make sure to evaluate your entries carefully. Hopefully, everyone can make a good profit on this trade within the next 21 days.