$RGTI — LONG trade idea (example post from my Patreon an hour ago). Posting it here because it had a wild start.
Quantum remains one of the hottest narratives in the market right now. The U.S. government also recently announced additional investments into quantum computing.
Company is not profitable yet, but cash runway looks strong enough for roughly 5 years.
Technically the stock already corrected from $58 to $13, which means most weak hands have likely already been shaken out. The participants still holding here are probably the ones with real conviction.
$12 support zone is major, so using that as the stop.
Entry: $22.8
Stop: $12*
Target: ATH’s
Risk/reward still looks attractive. Target is like 6X the risk, meaning the trade is mathematically break-even even if the target is only reached 16.5% of the time. I believe the probability is significantly higher than that.
📌 Final Note
These updates reflect structured trade management and probability-based analysis, not financial advice.
Risk management and position sizing remain the foundation for long-term survival.
*If your stop gets hit, the loss should only equal 1% of your account. Calculate your position size accordingly.
Rigetti Computing $IONQ $QBTS $QUBT
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