📈 IONQ — Re-Accumulation Structure Setting Up for Phase B Expansion
After completing a clear Phase A stopping action marked by the Selling Climax (SC) and Automatic Rally (AR), price action has confirmed a re-accumulation structure rather than a full distribution. The recent retest of the AR level occurred on notably reduced volume and lower implied volatility, suggesting that supply has been exhausted and that composite operators are absorbing shares rather than distributing them.
The Volume Profile (VRVP) shows a strong high-volume node between $56–$62, where demand has consistently stepped in. Below that zone, liquidity thins rapidly—indicating that this area represents a value base rather than a weak support. Meanwhile, successive tests of this range have produced higher lows on contracting downside volume, a hallmark of accumulation nearing its Phase B transition.
As the structure matures, a move to re-test the upper resistance near $83 would represent the Up-Thrust (UT) typical of Phase B, serving as a preliminary sign of strength before the eventual breakout (Phase C–D). With improving relative strength and declining volatility, the stock is poised for a measured $20 swing, aligning with a broader markup continuation once absorption completes.
In short: Low-volume retests + balanced profile + diminishing supply = classic Wyckoff re-accumulation dynamics.
After completing a clear Phase A stopping action marked by the Selling Climax (SC) and Automatic Rally (AR), price action has confirmed a re-accumulation structure rather than a full distribution. The recent retest of the AR level occurred on notably reduced volume and lower implied volatility, suggesting that supply has been exhausted and that composite operators are absorbing shares rather than distributing them.
The Volume Profile (VRVP) shows a strong high-volume node between $56–$62, where demand has consistently stepped in. Below that zone, liquidity thins rapidly—indicating that this area represents a value base rather than a weak support. Meanwhile, successive tests of this range have produced higher lows on contracting downside volume, a hallmark of accumulation nearing its Phase B transition.
As the structure matures, a move to re-test the upper resistance near $83 would represent the Up-Thrust (UT) typical of Phase B, serving as a preliminary sign of strength before the eventual breakout (Phase C–D). With improving relative strength and declining volatility, the stock is poised for a measured $20 swing, aligning with a broader markup continuation once absorption completes.
In short: Low-volume retests + balanced profile + diminishing supply = classic Wyckoff re-accumulation dynamics.
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.