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- Below is a sample watchlist idea:
IONQ $29.14
- This is a quantum computing stock that was on our watchlist at the end of October. I personally took this swing idea and sold it for a very small profit. It definitely hurts to see where the stock is now.
- The KL to watch for this stock is around $26’s recent pullback level.
- Staying cautiously bullish on this name. I would not buy breakouts on the idea. If KL holds up and the RVOL stays consistent, we could see it retest Nov 2021 levels of $31 and higher again.
- It’s very interesting that the short interest actually decreased since the end of Oct.
- Position Disclosure: No Position
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