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 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.
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.