QUBT – Symmetrical Triangle Breakout Setup with 32% Potential

Quantum Computing Inc (QUBT) is forming a symmetrical triangle on the 15-minute chart. The price just bounced off the lower trendline at $7.59, and the projected move could reach $10.04, offering a +32% upside.

Technical Highlights:
• Triangle Pattern: Clear structure with lower highs and higher lows.
• Support Bounce: Strong reaction from $7.59 (triangle base).
• RSI: Rebounding from mid-range (currently 50–57), signaling strength.
• MACD: Preparing for a bullish crossover.
• Volume: Healthy increase near support area.

Bullish Scenario:
A confirmed breakout above the upper boundary (~$8.20) with volume could trigger a strong move towards the measured target at $10.04.

Stop Loss:
Below $7.50 for conservative risk management.

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Disclaimer:
This analysis is for educational purposes only. It is not financial advice. Please do your own research before making any investment decisions.