Quantum computing stocks have been on an absolute tear, making this group one to watch closely as we head into 2025.
These companies are pushing the boundaries of what’s possible, solving problems and processing workflows traditional computers never could.
From AI and cybersecurity to drug discovery, quantum computing has emerged as a critical driver of innovation. And with plenty of public companies operating in the space, quantum stocks offer an exciting investment opportunity.
IonQ $IONQ stands out as a leader in this revolution, fueling a surge of investor enthusiasm.
What started as a promising pick has since turned into a major market leader.
The stock has been skyrocketing for months now, showing impressive relative strength versus the broader market.
IONQ broke through a big resistance zone recently, successfully reclaiming its prior cycle high from 2021 on both absolute and relative terms.
While it might seem overextended at this point, IONQ continues to rise seemingly every day.
We can define our risk at those former highs around 37. As long as price remains above this level, the stage is set for further gains. In the event of a pullback or correction, this area should act as support.
This is just one way to trade it.
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