$IONQ

IONQ is a very small, nibbling position: he recently bought, sold, and rebought near the lows around a gap fill with a descending trend line. Longer term he likes its future-technology/supercomputer case and buys small, but it can go lower, he will swing trade, and tech is precarious.

BullishHe framed it in years
“Investors Panic On AI Trade Collapse, Oil Keeps Surging...Here Are The Trades For Next Week”
Verified InvestingPublished Oct 16 · 2 passages

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OKLO, ion Q, uh, ASTS, very small positions, but beginning to nibble.

Or I NQ, right? Oo NQ. I played this yesterday with members of Smart Money Stocks and ETFs. We bought it down here. We sold it yesterday. Thank goodness we did. And we rebought in towards the lows today because of this exact trend line setup gap fill with a de ascending trend line coming into it.

And let's be fair, if you had to be, at least for me, and I can only speak for myself, but if I have to be in something that's longer term, I'm going to look for the future technology.

What is that? It's supercomputers, right? And so again, doesn't mean it can't go lower and I'll swing trade it, but these also I like where they're going in the future and that gives me that extra confidence to pick up small.

And I stress small because this is a market that especially in techland is in a precarious spot.

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