Quantum Computing Company IonQ Is A Buy (Technical Analysis)
Summarize this article with:
Walter Zelezniak Jr5.2K FollowersFollow5ShareSavePlay(11min)Comments(2)SummaryIonQ, Inc. demonstrates bullish technicals with strong price action, momentum, volume, and relative strength since summer 2024.IONQ reported Q1 2026 revenues of $64.67M, an 8x YoY increase, and raised full-year guidance to $270M, despite negative EPS and poor profitability.Technical indicators—30-week EMA, PPO momentum, and institutional volume—signal continued accumulation and outperformance versus the S&P 500.I am buying IONQ, using a stop-loss strategy below the 30-week EMA to manage downside risk amid ongoing unprofitability. spawns/iStock via Getty Images In this article will outline my bullish thesis for the quantum computing company IonQ, Inc. (IONQ). I will briefly discuss quantum computing, IONQ’s recent earnings report, and its valuation grade. Then I will outline my bullishThis article was written byWalter Zelezniak Jr5.2K FollowersFollowAs an individual investor nearing retirement I am trying to build my financial assets in order to have a fulfilling retirement. I am interested in trading both long and short; or at least using inverse ETFs, to take advantage of market declines. Having long term and short term trading strategies, proper execution of my trading plan, and absolute investing results are my goals. I see my articles as a way to keep me focused on developing winning trades. I also expect to learn much from the feedback that is provided in the comments section.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in IONQ over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.