Watch These D-Wave Quantum Price Levels After Stock Surges to Highest Level Since 2022
Key Takeaways
- D-Wave shares are likely to remain on watchlists Tuesday after surging to their highest level since 2022 as investors continued to pile into the stock following news last week that the company’s quantum computer outperformed a supercomputer.
- The stock broke out above a symmetrical triangle last Friday, setting the stage for a continuation move higher.
- The measuring principle projects a bullish price target of $20, while bars pattern analysis forecasts a target of around $52.
- During profit taking periods, investors should monitor an important zone of support on D-Wave’s chart between $5.30 and $3.75.
D-Wave Quantum (QBTS) shares may remain on watchlists Tuesday after surging to a multi-year high today as investors…
