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 highโsetting up a powerful breakout opportunity.
๐ Technical Breakdown:
โ Price well above the Ichimoku Cloud = bullish momentum
โ Clear support at $31.56 (pivot) and $28.25 (former resistance turned support)
โ Tenkan-sen holding as support and acting as launch pad
โ High-volume breakout potential toward R1 at $45.25
๐ 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
๐งฌ Why IONQ?
IonQ is a pure-play quantum computing stock, and one of the first to go public. Itโs building real momentum in a frontier tech space, with growing commercial interest and research applications.
๐ Revenue ramping and partnerships increasing
๐ฎ Quantum is early, but the market is projected to hit $100B+ in the next decade
๐ผ 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? Letโs hear it ๐
#IONQ #QuantumComputing #BreakoutTrade #Ichimoku #SwingTrading #GrowthStocks #TechStocks #TradingView
๐ Technical Breakdown:
โ Price well above the Ichimoku Cloud = bullish momentum
โ Clear support at $31.56 (pivot) and $28.25 (former resistance turned support)
โ Tenkan-sen holding as support and acting as launch pad
โ High-volume breakout potential toward R1 at $45.25
๐ 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
๐งฌ Why IONQ?
IonQ is a pure-play quantum computing stock, and one of the first to go public. Itโs building real momentum in a frontier tech space, with growing commercial interest and research applications.
๐ Revenue ramping and partnerships increasing
๐ฎ Quantum is early, but the market is projected to hit $100B+ in the next decade
๐ผ 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? Letโs hear it ๐
#IONQ #QuantumComputing #BreakoutTrade #Ichimoku #SwingTrading #GrowthStocks #TechStocks #TradingView
Dagangan ditutup: sasaran tercapai
Trade closed. Target reached If you found my trades helpful, please consider sending a tip in BTC to: bc1qr35mrh82hykpy9v6znpsyuew85x84ezjyrrf6m
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
If you found my trades helpful, please consider sending a tip in BTC to: bc1qr35mrh82hykpy9v6znpsyuew85x84ezjyrrf6m
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.