Quantum Computing Stock Jumped 25% on Wednesday—Watch These Key Price Levels
Key Takeaways
- Shares of Quantum Computing surged 25% to their highest level since December on Wednesday, boosted by Nvidia CEO Jensen Huang’s bullish remarks about the emerging technology.
- The stock recently broke out from a rectangle, a chart formation signaling a continuation of the stock’s longer-term strong uptrend.
- Investors should watch major overhead areas on Quantum Computing’s chart around $27 and $37.50, while also monitoring key support levels near $15 and $9.
Quantum Computing (QUBT) shares surged to their highest level since December on Wednesday, boosted by Nvidia CEO Jensen Huang’s bullish remarks about the emerging technology.
Shares of quantum computing companies shot higher after Huang said the industry is…
