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IONQ
Forbes
16 mins

Target This Quantum Computing Stock Before Another Rally

1. IONQ's stock fell nearly 30% since its October high. 2. Q3 earnings missed expectations, yet year-over-year revenues grew. 3. Stock recently touched a historically bullish moving average. 4. Short interest has dropped but remains significant at 14.2% of float. 5. Options are currently expensive, but post-earnings volatility may reduce premiums.

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FAQ

Why Bullish?

Despite missing earnings, the stock has significant upward price signals historically, especially near bullish moving averages.

How important is it?

The article discusses key metrics impacting IONQ's price and sentiment, indicating a potential recovery phase.

Why Short Term?

The near-term potential for gains exists due to historical patterns following similar technical setups.

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