Verified Investing on $QBTS (Nov 10, 2026)
QBTS's 8.63% post-earnings drop came with a breakout and confirmed move off recent downtrend lines, making a pullback toward the ~9.70 trendline a buying opportunity for a push higher; after consolidation breaks, ~$13 is the first level. The stock is under pressure and already up 10% Monday in a sell-off phase, with a weekly 'Sleeper Choke' forming; it must break the 20-day moving average that has capped it, and may dip tomorrow before a possible bounce from the downtrend line after the breakout and pullback, with a sector rebound expected.
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Next up, guys, looking at QBTS's earnings that were announced this morning, you can see a drop of 8.63%, but note with these recent downtrend lines, we have a breakout and a confirmed move that makes any pullback towards this trend line at around 9.70 a buying opportunity to push the price higher on the chart.
Where can he go now? The first stop I see here is at around $13 on the chart. Yes, you will need to break through this consolidation , but as you can see here, QBTS stock has come under a lot of pressure, folks.
Moreover, if we move to the weekly timeframe, and for anyone who took that course I mentioned earlier before the "Sleeper Choke" pattern, boom, we have a "Sleeper Choke" pattern forming here on the charts.
The only problem with this continued bounce is that we already got a 10% jump on Monday thanks to the hold position that formed on Friday. Will this rise continue? It's to be expected; the stock is in a sell-off phase.
We are expecting some kind of rebound in this sector.
Look at how low the price movement has fallen below the 30 level. We will see if QBTS stock can break above the 20-day moving average, which is the dividing line that has restrained the price movement yesterday and today.
We may dip slightly tomorrow and then bounce back from the downtrend line for a possible rebound opportunity after the breakout and pullback.
What this channel has said about $QBTS
Verified Investing has 2 calls on this stock; only the adjacent ones are shown.