104079172
:
Too much shorting. $9, $9.5, $10 ranges is my guess. Volume still good so no worries. We'll get to ten eventually. The same thing is happening to D-wave today from the looks of it. Big money is gaming QUBT.
104079172
102567365
OP
:
Happened yesterday, happening today. RGTI is a strong quantum play, hence its being taken advantage of. Just compare the volumes for QUBT and RGTI today. Not a world of difference but a world apart in actual price action. I think it's a matter of rotation in interest by the big boys. The shorts will eventually clear as long as the volume keeps up. It's now back down to slightly under $9 as I type. Just watch as it bounces around 8.9-9.1, go back up to 9.5 and then down again. If the volume keeps up, it should clear by the afternoon just like yesterday
104079172 : Too much shorting. $9, $9.5, $10 ranges is my guess. Volume still good so no worries. We'll get to ten eventually. The same thing is happening to D-wave today from the looks of it. Big money is gaming QUBT.
102567365 OP 104079172 : U mean for today or long term ?
104079172 102567365 OP : Happened yesterday, happening today. RGTI is a strong quantum play, hence its being taken advantage of. Just compare the volumes for QUBT and RGTI today. Not a world of difference but a world apart in actual price action. I think it's a matter of rotation in interest by the big boys. The shorts will eventually clear as long as the volume keeps up. It's now back down to slightly under $9 as I type. Just watch as it bounces around 8.9-9.1, go back up to 9.5 and then down again. If the volume keeps up, it should clear by the afternoon just like yesterday