Possible entry points for $NASDAQ:QUBT

12月6日

QUBT appears to be going through some consolidation after a quick runup.

I can see a couple of entry points.
The first is to fill a gap in volume established above $5.15 support.
My suggested entry target would be ~$5.45. This is the riskier of the two entry points, as you're buying as the stock is falling. See December 3rd as an example, where it retraced to the Fibonacci .5

The more conservative entry point is after the stock breaks out of consolidation. My criteria for that is that it closes ABOVE the recent highs accompanied by higher volume. I would set an alert closing above $7.90 to evaluate.