QBTS Pops With Volume – Holding Above All Anchored VWAPs

QBTS surged nearly 10% today on above-average volume (50M vs. 46M MA) and is currently trading above all key anchored VWAP levels. Price reclaimed the short-term breakout zone and showed strong buyer interest near the yellow VWAP band.

This continuation move is happening with healthy volume expansion and support from recent consolidation. If price holds above $18.50, a test of the $22–24 resistance zone seems likely.

Indicators used:

Anchored VWAP from prior pivot lows and breakout zones (support)

Volume spike confirmation

Volume MA (context of demand strength)

Entry idea: On dip to $18.50 or reclaim of $19.50
Target: $22–24
Stop: Below $17.80