Open buy · week 7 · US stocks
IonQ slips 3.8% after a fresh 30-day high that failed to hold into the close
Our view last week
A 16.2% surge for IonQ, which in a single week climbs back above its 50-week average and re-enters the Ichimoku cloud, after regaining momentum off the 50-day average in the 42 area. For IonQ stock the price action now has one clear hurdle: the 7-day high, in the 46.6 area, has already pushed price back and needs a close above it. The trade, 15.4% underwater last week, is back near breakeven: a swing trading setup among US stocks to handle with discipline.
This week's summary
IonQ printed a fresh 30-day high this week, in the 47.9 area, but the close did not confirm it: the week ends 3.8% lower, with the weekly candle finishing in the bottom quarter of its range. Last week's hurdle is still standing. IonQ stock is now pinned between its 200-day and 50-week averages, while daily price action keeps a run of 5 higher lows. The trade slips back to 5.4% underwater: a volatile swing trading setup among US stocks, one to handle with discipline.
IQS Phase
51
ordinary
Signal Strength
86
high · wide & volatile
Sizing
FULL
Ranking
#26 / 93
US stocks in progress
Trade P&L %
-5.38%
from signal to date, no stop loss
Rank position
ranks 26th among the 93 Longs already running for US stocks in our ranking, with a signal strength of 86 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimein strong phase
Performanceweekly +1.80% · monthly +8.83%
IONQ belongs to the growth tech sector (reference ETF XLK). The sector is classified in strong phase according to our weekly reading.
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