D-Wave Quantum: the buy flips into a fresh sell
D-Wave Quantum drops 10.8% as the buy signal gives way to a fresh Sell
D-Wave Quantum: the buy flips into a fresh sell
Our view last week
D-Wave Quantum is at week 11 of a buy signal, with the trade up 3.87% since entry. All 3 targets of our most advanced model have already been hit, and the stop now follows the Inversion Point. Signal strength stays high at 86 out of 100, but the week just closed brings warning signs worth following with discipline.
This week's summary
D-Wave Quantum stock changes script: the buy signal that ran for 11 weeks, with all 3 targets of our most advanced model already hit, gives way to a fresh Sell signal. The week just closed shed 10.8%, with buyers collapsing and the stock already sliding into a distribution phase. Price still sits 59.6% above its 200-week average - plenty of room to keep falling, but our model flags trading as not recommended.
IQS Phase
66
in tension
Signal Strength
55
decline starting to make lower lows
Sizing
STANDARD
Ranking
#8 / 137
New us stocks
Trade P&L %
+0.00%
from signal to today
restricted Platinum content