Daily Halftime Report: QUBT Long Play

Daily Halftime Update: QUBT looks to be preparing for a Continuation from its most recent breakout on 12/16/2024 where it hit $27.15 before retracting. It's currently trading above our more conservative entry but we went ahead and purchase shares at $17.68 with a Price Target of at least retesting $20.98 with a Stop Loss set at $17.15. Although is still down 37% off it's 52-Week Highs, it's currently 98% higher than it's 52-Week Lows so still has some head room above the currently Price Target that we're looking to achieve with some great performance looking back.

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