QBTS

appears to be forming an ascending channel with momentum. Note the William %R is climbing with higher lows.

The play for this is to purchase as it’s bouncing off the support line (lower green)

Sell signal – The channel breaks down if the support line is pierced – meaning the stock closes below the green support line.

Breakout signal – The channel shows a breakout when the resistance line (red) is pierced – stock closes above the red resistance line.

​  [#item_full_content]