QMCO at a Make-or-Break Moment: 5 Key Levels to Watch Now
Morning Trading Family
QMCO is approaching a critical crossroads, and the next move could bring some serious action. Let’s break it down with key levels and what they mean for traders.
If we break below $65.46
The outlook turns bearish. These are the levels to watch on the way down:
$60: First stop. This is where buyers might step in to test the waters.
$55: A deeper pullback that could bring more attention from the market.
$52: A critical level. If we hit this, it’s time to reevaluate what’s next.
If we break above $68.37
This would signal a potential shift in behavior, and the bulls might take over. Here’s what could happen:
$70: The next challenge for price to clear.
$73: A key level that could act as resistance.
Above $73?
That’s the green light for a long position. If the price moves past $73, it’s likely that the trend has flipped, and we could see much higher levels.
What You Can Do
-Keep a close eye on $65.46 and $68.37. These levels are your signals for the next move.
-Plan ahead—set stop-loss levels to manage your risk.
-Stick to your strategy and don’t rush into trades without confirmation.
If you found this helpful, don’t forget to follow, like, or boost this video. Have questions about other charts or feeling stuck with trading? Send me a DM—I’m here to help!
Kris/ Mindbloome Exchange
Trade What You See
Quantum
Quantum Computing - Extremely undervaluedThis is the industry I’m most bullish on right now.
Imagine buying Bitcoin when it was $500.
How Does It Work?
Unlike traditional computers that process information as 1s or 0s, quantum computers leverage superposition, allowing them to exist in multiple states simultaneously.
This enables them to process many possibilities in parallel, making them exponentially faster than today’s fastest machines.
Case in point: Google recently performed a calculation in 5 minutes that would take current supercomputers longer than the age of the universe—approximately 10 sextillion years (10,000,000,000,000,000,000,000,000).
What Problems Does It Solve?
Quantum computing will redefine problem-solving across industries. In finance, it will optimize portfolios and manage risk.
In healthcare, it will accelerate drug discovery and medical breakthroughs. In materials science, it will help innovate stronger, lighter, and more sustainable materials.
For AI, it will supercharge model training and optimization. It’s not just about solving today’s challenges; quantum will tackle problems we don’t even know exist yet. This is a paradigm shift in computation.
Market Potential
McKinsey estimates that quantum technology could unlock trillions of dollars in value within a decade.
Similarly, BCG has identified over 100 use cases where quantum has a clear technological edge. The potential is mind-boggling, and no one can fully grasp the economic impact this will have.
Is It Decades Away?
Not at all. While today’s largest supercomputers can only simulate up to 50 qubits, quantum startups are already hitting 10 logical qubits.
Within 2 years, this could reach 100 logical qubits, and within 5 years, thousands.
Commercial applications are already here, accessible through AWS, Google, and Azure, with real-world use cases in medicine, defense, and finance.
Expect an explosion of innovation when quantum computing surpasses 100-1000 logical qubits in just a few years.
Closer Than You Think
Two years ago, AI was mocked. Today, it’s reshaping industries and jobs.
Quantum computing will do the same, but faster. Quantum and AI are symbiotic: quantum accelerates AI development, and AI compresses quantum R&D timelines.
For instance, Rigetti recently used AI to optimize their quantum processors, cutting weeks off development time. The tech adoption curve is accelerating—and AI is making it even faster.
Risks and Opportunities
Quantum will render today’s encryption standards obsolete, meaning Bitcoin and other cryptographic systems will need to adapt.
At the same time, quantum networks offer unparalleled security, as information physically cannot be intercepted without detection.
The Investment Case
The entire US quantum industry (IONQ, RGTI, QUBT, QBTS) has a combined market cap of under $10B. To compare, valueless memecoins in crypto exceed $110B.
This is a technology that will revolutionize industries and unlock trillions in value—yet it’s trading for less than Dogecoin, Pepe, and Shiba Inu combined.
Let that sink in.
Massive Funding Influx
China is outspending the US on quantum by 5x, but this gap is expected to narrow as quantum supremacy approaches.
The Quantum Leadership Act of 2024 is set to inject $2.5B into US quantum development over the next five years.
The "ChatGPT Moment" Is Coming
Quantum computing’s breakout is imminent.
Within 2-3 years, its value will become undeniable, triggering a rapid repricing of the industry. When Bitcoin was valued at SEED_TVCODER77_ETHBTCDATA:10B , it traded for $500.
Imagine getting in at that stage.
Quantum computing offers a similar ground-floor opportunity—but with the potential to reshape every facet of modern life. Get ready for the next big tech revolution.
Thanks for reading
Daveatt
$QS Quantum QrazyDon't miss this. Possible port changing play here. Quantum is disgustingly hot, this ticker has had larger highs year ago and above $9 this year. Trend in the sector and volume. IV% on options are exquisite, use it to your advantage. I grabbed $6c 1/17/2025 and $10c 1/17/2025. Talk to you soon.
Wall St. Lsr
To High to Fast - Short?I think this is one is good long term but watching it for a nice pullback. .QUBT241206P5.5 are not very liquid but nibbling on some. If it pulls back volume should pick up on these tightening the spread. I buy puts instead of shorting shares as I think its safer with a defined risk.
PBI ready for a huge breakout to 12 and 16+This chart reflects a pivotal moment for PBI . A breakout above the $8.79 resistance and the downward trendline would be a strong bullish signal , with the potential to rally toward $9.92 and 12.11 and $16.06 in the mid-term. However, failure to break this level could result in consolidation or a retest of lower support zones. Monitoring volume and momentum indicators will be critical to confirm the breakout. W patterns are typically confirmed with a surge in volume as price breaks above the neckline. The W pattern sits within a falling wedge, meaning a breakout of the wedge would likely align with the W pattern's neckline breakout. This strengthens the bullish case.
There appears to be a "W pattern" (Double Bottom) forming within the larger falling wedge.
Characteristics of the W Pattern:
Two Distinct Bottoms:
The chart shows two prominent lows, one earlier and another more recent, which form the "legs" of the W. This indicates the price found strong support at similar levels.
Middle Resistance Level:
The middle peak between the two bottoms is near $8.79. A breakout above this level would confirm the W pattern, signaling bullish momentum.
Neckline Confirmation:
The neckline of this W pattern coincides with the $8.79 resistance level. If price breaks above this zone with volume, the pattern would complete, leading to an upward price move.
Target:
Target=Neckline+(Neckline−LowestBottom)
In this case:
Neckline = $8.79
Lowest Bottom = $5.47
Projected Target = $8.79 + ($8.79 - $5.47) ≈ $12.11.
Quantum Mechanics & Market Behavior At this stage of my research, I would like to share the primary inspirations behind my style of analysis. As you've already noticed, I don’t create forecasts, as they are subjective and inherently disconnected from the objective nature of markets. Instead, I focus on predictions grounded in the captured dynamics of market behavior in order to actually get closer to its causality.
"QUANTUM MARKET"
In the unpredictable world of trading, price action often mirrors the strange principles of quantum mechanics. Concepts like wave function collapse, entanglement, chaos theory, the multiverse, and even the double-slit experiment provide a unique lens to understand why markets behave as they do—particularly when they defy the majority of forecasts and move in unexpected directions.
The Collapse of the Market Wave Function
In quantum mechanics, a particle exists in a state of possibilities described by its wave function until it is measured. When observed, the wave function "collapses" into one definite outcome. Similarly, in markets, price exists as a spectrum of probabilities, influenced by fundamental data, sentiment, and technical levels. These probabilities reflect the collective forecasts of traders, analysts, and institutions.
The "collapse" of the market wave function can be likened to the moments when price unexpectedly moves against the prevailing sentiment, proving the majority wrong. For instance, when experts predict a bullish breakout, only for the market to reverse sharply, it resembles the moment a quantum system resolves into a state that surprises its observers.
This metaphor highlights the fragile relationship between market expectations and actual outcomes. Just as the act of measurement influences a quantum system, the collective observation and positioning of traders directly impact market movements.
The Multiverse of Price Action
The Many-Worlds Interpretation (MWI) of quantum mechanics posits that every possible outcome of a quantum event occurs, creating branching universes for each scenario. This offers a useful metaphor for the multiverse of market possibilities, where price action simultaneously holds countless potential paths. Each decision by traders, institutions, and external forces influences which path the market ultimately "chooses," much like the branching of quantum states into separate realities.
When the market takes an unexpected turn, it can be thought of as moving into a "branch" of the multiverse that was previously considered improbable by the majority. For example:
A widely anticipated bullish breakout may fail, with the price collapsing into a bearish reversal. This outcome corresponds to a "parallel universe" of price action where the market follows a path contrary to the consensus. When they say market has its on path, chances are they're definitely referring to approach from Fractal Market Hypothesis.
The moment traders observe the market defy expectations, their reality shifts into this new "branch," leaving the discarded probabilities as theoretical relics.
While traders only experience one "reality" of the market—the observed price movement—the multiverse perspective reminds us that all potential outcomes coexist until resolved by market forces.
Chaos Theory: The Hidden Order Behind Market Behavior
Markets may appear chaotic, but their movements are not entirely random. Instead, they follow principles reminiscent of chaos theory, where complex systems display patterns that arise from underlying order.
In trading, this hidden order emerges from the entanglement of price action—the intricate relationship between buyers, sellers, sentiment, and external events. Counter-oscillations of opposing forces, such as bullish and bearish sentiment that has stake in patterns. When these forces reach a critical point, they can produce dramatic reversals or breakouts.
A fascinating aspect of this hidden order lies in the measurement of cycle intervals, which can decrypt the path and stops of price action. These intervals, often influenced by Fibonacci ratios, reflect the inherent chaos of the market while maintaining a surprising consistency. In chaotic systems, the ratios of results inherit the domestic chaos properties of the system itself. This means the measured intervals not only explain past behavior but also project future movements, where price has no option but to adhere to the golden ratio in its path, regardless of direction.
Tools like Fibonacci Channels on TradingView combine these ratios with the angle of the trend, revealing fractal-based timing measurements that highlight potential trend shifts. These tools demonstrate how price action, driven by the chaotic yet structured forces of the market, aligns with these self-similar patterns over time.
Entanglement and the Double-Slit Experiment in Markets
Einstein described quantum entanglement as "spooky action at a distance," where the state of one particle instantaneously influences another, no matter how far apart they are. Markets also mirror another iconic quantum experiment: the double-slit experiment, which demonstrates how particles behave as waves when unobserved but collapse into definitive points when measured.
In the double-slit experiment, an electron passes through two slits, existing as a wave of probabilities until observed. Without observation, it creates an interference pattern, suggesting it travels through both slits simultaneously. However, when measured, the electron collapses into a single state, taking a definitive path through one slit and landing at a specific spot on the detector.
Price action behaves in a strikingly similar way. Just as an electron "feels" it is being observed and alters its behavior, ongoing price action appears to respond to the collective observation of millions of traders. Despite this intense scrutiny, price action frequently surprises both bulls and bears, defying expectations as if reflecting the duality of probability and definitiveness.
When unobserved or in a state of uncertainty, markets exhibit wave-like behavior, oscillating between potential paths. Trends consolidate, creating a balance of opposing forces. However, as traders act on their observations—placing bets, setting stop losses, or predicting breakouts—price "collapses" into a definitive state, choosing a path that often defies the collective expectations of the market.
Logical Deductions
Understanding the market through the lens of quantum mechanics, chaos theory, and the multiverse offers valuable insights for traders:
Expect the Unexpected: Just as a quantum particle's state cannot be precisely predicted, markets are inherently probabilistic. Even the most widely expected outcomes can collapse under the weight of unforeseen variables or simply change of incentive during overheat volatility.
Beware of Herd Mentality: When the majority aligns behind a forecast, the market becomes entangled in their collective assumptions. This might create conditions for a dramatic reversal, much like how a quantum system shifts into an unanticipated state.
Recognize Counter-Oscillations: Price action is driven by the push and pull of opposing forces. Trends often mask the tension beneath, and understanding these dynamics can help traders anticipate critical turning points.
Measure Cycles with Ratios: Fibonacci-based tools, when combined with trend angles, reveal fractal rhythms and the frequency of reversals. These measurements help traders predict price shifts with greater accuracy.
Embrace the Multiverse: Just as the Many-Worlds Interpretation suggests all outcomes coexist until resolved, traders should recognize that multiple possibilities are always present in the market. Being prepared for alternative scenarios helps mitigate risk and improve decision-making.
General Interconnectedness:
Markets are a dynamic interplay of order and chaos, shaped by the entanglement of opposing forces and the constant tension between consensus and contrarian dynamics. The collapse of the wave function—those moments when price defies expert predictions—reminds us of the deep complexities underlying actual behavior of masses.
Through the lens of the multiverse, every market outcome can be seen as a branching reality, where the price action we observe is just one of many potential paths. By embracing this perspective, traders can better navigate the intricate dance of probabilities and entanglement, understanding that markets are not linear systems but ever-changing, interconnected realities. This mindset empowered me to thrive in the environment of duality, where adaptability and probabilistic thinking are the actual keys to understanding price mechanism in Financial Markets.
Disclaimer:
You don’t have to accept these observations as true. Always trust your own judgment and cultivate independent thinking. Personally, I find that the behavior of particles at the quantum scale is the closest phenomenon that mirrors the chaos of the market.
CRM potential Breakout to 424+CRM is setting up for a classic bullish breakout trade, showing multiple strong technical patterns that align with a high-probability long setup. The short-term moving average has crossed above the long-term moving average, a strong bullish signal indicating sustained momentum. CRM has shown strong bullish momentum, confirmed by multiple technical patterns. Look for increased volume on the breakout above $348 to confirm the move. The trade offers an attractive risk-to-reward ratio of at least 1:3, depending on the stop placement.
Ascending Triangle
Higher lows are forming as buyers step in at increasing levels, while resistance remains flat at $348. This shows accumulation and strong bullish sentiment.
Breakout Target: $348 + $76 = $424
Targets:
First Target: $ 400 (psychological level).
Final Target: $ 424
Trail stops once the first target is hit to lock in profits.
I will enter this week a position (options) and will update this post accordingly.
INTC about to breakout 26 to 28 stretched.INTC is forming a symmetrical triangle, indicating a period of consolidation as the price action narrows into the triangle's apex. This pattern suggests indecision in the market, with the potential for a significant breakout in either direction. The resolution of this triangle is likely to set the tone for the next move, however I have taken a bullish position. The price action is nearing the triangle’s apex, suggesting a breakout is likely within the next 3–5 trading sessions.
Watch for a volume spike to confirm the direction of the breakout. For a bullish breakout, take partial profits at $25.50, then hold for the full target of $25.89 to 28.00.
Entry Strategy:
Enter a long position if the price breaks and closes above $24.54 with strong volume.
This would indicate a bullish continuation, with the price likely to target higher resistance levels.
Profit Target Calculation:
Triangle Height:
Measured from $24.54 (upper resistance) to $23.19 (lower support), giving a height of $1.35.
Breakout Target:
Bullish Target: Add $1.35 to the breakout point ($24.54) → $25.89.
Bearish Target: Subtract $1.35 from the breakdown point ($23.66) → $22.31.
Stop-Loss Placement:
For a bullish breakout, place a stop-loss below the lower trendline at $24.19.
For a bearish breakdown, place a stop-loss above the upper trendline at $24.54.
I have already taken a position for 11/22/24 25C @0.28
META breaking down to 520 to 539The chart for META indicates a symmetrical triangle, a consolidation pattern suggesting indecision in the market. This setup is characterized by converging trendlines, with lower highs and higher lows, pointing toward an imminent breakout. The current price action is nearing the apex of the triangle, increasing the likelihood of a breakout or breakdown soon. The price is nearing the apex of the triangle, and a breakdown is likely within the next 3–5 trading sessions. Volume confirmation is critical to validate the breakdown direction.
Entry Strategy:
Enter a short position if the price breaks and closes below $555.00 with strong bearish momentum and volume.
Bearish Target: Subtract $15.44 from the breakdown level of $555.00 → $539.56. Place a stop-loss above the upper trendline at $570.00. Take partial profits at $545.00, then hold for the full target of $539.56.
I have taken a put position as I favor bearish breakdown and have taken 520P for 11/29/24 @1.38.
Bullish Penant Breakout possibilities 62-65A bullish pennant has formed after a strong upward move (flagpole), indicating a period of consolidation. This is a continuation pattern, typically followed by another leg upward equal to the flagpole's height. The breakout is likely to happen this week, given that the pennant is near its apex. RSI and other momentum indicators show strength but are not yet overbought, giving room for further upside.
Breakout Confirmation: Enter a long position when the price closes above $56.50 on high volume (breakout level). Alternatively, aggressive traders can scale into a position slightly before the breakout if momentum indicators show bullish strength.
Profit Target Calculation:
Flagpole Height: $50.50 (low of the previous move) to $56.50 (high) = $6.00.
Breakout Target: Add the flagpole height ($6.00) to the breakout level ($56.50):
Primary Target: $62.50
If momentum remains strong, extend to $65.00 as a stretch target.
Stop-Loss Placement:
Place a stop-loss slightly below the pennant's lower support level at $54.50, allowing for minor fluctuations.
Risk-Reward Ratio: Aim for a 1:3 or higher ratio by maintaining a tight stop relative to your profit target.
The breakout is expected within the next few trading sessions as the price action nears the pennant's apex.
Volume should confirm the breakout (look for 2x average daily volume).
Trade Management:
Partial Take-Profit:
Sell 50% of the position at $60.00 to lock in profits.
Adjust stop-loss to breakeven on the remaining position.
Trail Stop:
Use a trailing stop-loss as the price approaches $62.50–$65.00 to maximize gains while protecting profits.
If the price breaks below $54.50, it invalidates the pennant pattern and may indicate a reversal.
I have taken an aggressive position targeting NASDAQ:AFRM 11/29/24 65C @.77 contracts.
I will update as I close the position profit or loss.
AMD going for a FLUSH to 94 levelsThe chart for AMD is displaying a large symmetrical triangle formation , with the price breaking below the lower trendline. Symmetrical triangles often signify indecision in the market, but this breakdown suggests that sellers are gaining control. The broader trend leading into the triangle and the breakdown signal a bearish continuation pattern. Oscillators and momentum indicators are skewed bearish, with no signs of reversal at this stage. Strong selling pressure confirms the potential for further downside. Declining volume during the triangle’s formation and a likely volume spike on breakdown signal a bearish continuation. Weakness in the tech sector or macroeconomic pressures could exacerbate the downward trend for AMD, watch closely for NVDA earnings to push this even lower.
Entry Strategy:
Short Position: Enter a short trade if the price stays below $134.90 with sustained volume confirming the breakdown.
Aggressive Entry: Traders could scale into shorts immediately, as the price has already breached the triangle support line.
Profit Target Calculation:
Triangle Height: $140.90 (top of the pattern) - $128.37 (bottom of the pattern) = $12.53.
Breakdown Target: Subtract the height ($12.53) from the breakdown point ($134.90):
Primary Target: $122.37
If bearish momentum continues, the price could retest the major support level at $106.48.
Further bearish extension may lead to $94.59 as a long-term target.
Place a stop-loss above the breakdown level, at $138.50, to account for potential false breakdowns or whipsaws.
A confirmed breakdown is expected to gain momentum within the next 1–2 weeks.
Watch for increasing volume to validate the breakdown.
I am going to take a position on Wednesday before NVDA ER.
D-Wave Quantum Inc. Expands US Footprint, Boosts Defense TiesD-Wave Quantum Inc. has strategically expanded its US operations by deploying a second Advantage quantum computer at **Davidson Technologies**' Huntsville headquarters. This strategic move reinforces the company's commitment to the US defense sector and positions it as a pivotal player in developing quantum computing solutions for critical national security missions.
The collaboration between D-Wave and Davidson Technologies marks a significant milestone in the quantum computing industry. By combining D-Wave's quantum computing expertise with Davidson's deep-rooted experience in aerospace and missile defense, the partnership aims to accelerate the development of quantum-powered solutions for the US government. The establishment of a secure environment for quantum computing operations at Davidson's facility is a critical step in unlocking the full potential of this transformative technology.
D-Wave's decision to expand its US footprint underscores the company's confidence in the growing demand for quantum computing solutions within the defense sector. As the global race for quantum supremacy intensifies, D-Wave's strategic positioning in the US market places it at a competitive advantage. The deployment of the second Advantage quantum computer is expected to attract further investment and foster collaboration within the quantum computing ecosystem.
By aligning itself closely with the US defense sector, D-Wave is positioning itself as a key contributor to the nation's technological advancement and national security. As quantum computing technology matures, the company's role in shaping the future of defense and intelligence is likely to become increasingly prominent.
Quantum (QTUM)Quantum chart is interesting: a fluctuating start and a small up, followed by a long and deep correction, then a strong upward move, and again a correction move, which seems to form a harmonic pattern. After the harmonic pattern ended and when price broke the downtrend line, an impulse upward wave started. Let's see if QTUM can reach the upper line or not.
SP500 Entanglement of Price Action IIThe price touched the line with specific angle that covers ATH and (current) Lower High.
I consider it as a point of reference because current observable price can be explained with that vector.
The line separates 2 outcomes:
Continuation of the uptrend
Rejection
Significant reversals that caused the structure to look the way it looks are:
"ATH" 4 JAN'22
13 OCT'22 Lowest (> 2 years)
27 JUL'23 Lower High
Those dates initiated longer term movements, hence defining the entanglement.
The angle of general direction can be defined by the Fibonacci Channels of macro-fractal which emerged from Covid Low:
It kinda exposes their domestic "spin to the side".
Another example:
Since the angle of -27.47% drop (ATH and Lowest >2yrs) are more perpendicular to the direction of time scale, the derived fibonacci would define periods of waves.
Matches angle of -10.93% drop from 27 JUL'23 to 0.382 fib of the domestic structure.
But, since after such drop, it didn't fall further but in reverse grew back, it must be defined with upward direction vector, the fibs of which would cover that low with cold colors. The fact of growing at higher levels after just 10% drop, deserve to get filtered with upward fibs.
In respect to 31% growth the current price resides at 0.618.
Further interconnectedness of points:
1.236 fib confirms that price is indeed at crossroad and in case of violating it, the price would set its tendency to move to next (1.382) fib line and reverse there under heavier pressure.
Currently price is still under pressure because the market has grown to levels of domestic resistance. The curve shows mathematical function that mimics highs before reversing.
Hence, it can be used to refer deviation where the price can end up after escaping ATH-LH-Current_Price vector.
Otherwise, with failing to breakout now, it might go for correction in short-term perspective as soon as players notice that market is at already saturated levels.
QNT/USDT Break Alert !! Ready to Continue the Upward Moment ??💎 QNT has certainly captured our attention with its impressive rally, ascending from a robust support level and effortlessly navigating through the descending channel pattern. However, confirmation of this breakout remains pending, and we advise monitoring higher timeframes, such as the daily chart, to guard against a potential false breakout.
💎 Should QNT secure a position above the descending channel on a daily closing basis, it would signify a legitimate breakout, Probabilty setting the stage for continued advances toward targeted resistance and even further to the supply zones.
💎 Conversely, if QNT fails to uphold its position and closes beneath the descending channel pattern in the daily timeframe, it would indicate a rejection, raising the likelihood of a regression to the demand zone, specifically the $100 - $96 range. This retreat would be a strategic move to gather renewed strength for another attempt at breaking through.
💎 A less favorable development could occur if QNT while retesting the demand zone, fails to show signs of a bullish rejection or resurgence. Under these circumstances, QNT might forfeit its stance at the demand level, potentially breaking lower. Such a turn of events would signal a downward trajectory for QNT, prompting a reevaluation at the formidable support levels below.
RGTI Rigetti Computing Options Ahead of EarningsAnalyzing the options chain and the chart patterns of RGTI Rigetti Computing prior to the earnings report this week,
I would consider purchasing the 2.50usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $0.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
QBTS D-Wave Quantum Options Ahead of EarningsAnalyzing the options chain and the chart patterns of QBTS D-Wave Quantum prior to the earnings report this week,
I would consider purchasing the 2.50usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.57.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
QSI Quantum-Si Earnings Release on Monday, Before the BellIf you haven`t bought the Double Bottom:
Then you should know that QSI, Quantum-Si incorporated, also known as The Protein Sequencing Company is bringing single-molecule protein sequencing to every lab, everywhere, enabling new discoveries that will transform the world we live in.
Importance of Protein Sequencing:
- Understanding Cellular Processes: Proteins are involved in virtually every cellular process, and their sequencing is vital for understanding how these processes are regulated and how dysfunction leads to diseases.
- Drug Development: Protein sequencing assists in drug discovery by identifying specific targets for pharmaceutical intervention. This knowledge enables the design of drugs that can interact with specific proteins, thereby treating diseases more effectively.
- Bioengineering and Enzyme Production: Protein sequencing is critical in the field of bioengineering, allowing the design of proteins with tailored functions for various applications, including industrial enzyme production and bioremediation.
I think protein sequencing should have the same importance as gene sequencing.
Gene sequencing has revolutionized medical research, agriculture, and our comprehension of evolutionary history. On the other hand, protein sequencing has paved the way for targeted drug development, bioengineering, and the investigation of cellular processes.
QSI has cash and cash equivalents of $322.1 million as of March 31,2023 to provide a runway to support operations and invest in the business into 2026, and NO debt!
This Quarter started he sale of PlatinumTM instruments and kits with a gross margin of 48.8%.
QSI has a Market Cap of $485Mil vs CRSP, my favorite gene editing company, with a Market Cap of 4.046Bil.
So there is still a lot of upside in QSI Quantum-Si incorporated!
Looking forward to read your opinion about it.
QSI Quantum-Si | Why is so Bullish? Price Target ! If you haven`t bought the Double Bottom here:
Then I'll try an explanation why QSI Quantum-Si incorporated is so Bullish right now!
QSI is a protein sequencing company, which could be revolutionary, similar to the gene sequencing stocks.
Quantum-Si Incorporated is dedicated to developing a protein detection platform that enables Next Generation Protein Sequencing (NGPS). This comprehensive platform consists of the Carbon automated sample preparation instrument, the Platinum single-molecule detection and NGPS instrument with Time-Domain Sequencing chip, the Quantum-Si Cloud data analysis software, and reagent kits designed for use with its instruments.
QSI's competitor, RXRX, experienced a significant boost in its stock price after announcing a $50 million investment from NVIDIA (NASDAQ: NVDA) on July 12. The investment was part of a private investment in public equity (PIPE) arrangement. With this deal, NVIDIA gains access to Recursion Pharmaceuticals' (NASDAQ: RXRX) extensive biochemical and genetic data. NVIDIA plans to utilize this data to train machine-learning models in support of its new BioNeMo service, an artificial intelligence (AI) tool for drug discovery. Simultaneously, NVIDIA will also collaborate with Recursion to enhance their own models for drug discovery.
Apart from Quantum-Si's Platinum product, which began selling this quarter, the company also offers cloud-based proteomics data analysis software, made possible by their single-molecule detection and NGPS instrument with Time-Domain Sequencing chip.
Considering this, I believe it's only a matter of time until a major chip developer, such as NVDA, or a cloud services company with interest in the field, makes an investment similar to NVDA's investment in RXRX.
This is my growth thesis, and regarding the Price Target, I find $10 to be reasonable for now, and there's also the possibility of a potential buyout.
Looking forward to read your opinion about it!
QSI Growth Thesis ! ARK Biggest Shareholder Accumulating !Quantum-Si (QSI), currently trading at $1.55, presents an intriguing growth opportunity with the potential to at least double in value. Several factors contribute to this growth thesis:
Disruptive Technology: QSI's technology has the capability to revolutionize the discovery of new diagnostic tests and pharmaceuticals through digitization. By leveraging AI and digitizing the industry, QSI can significantly accelerate and reduce the cost of these discoveries. The implementation of AI has the potential to exponentially enhance the speed and efficiency of the process, positioning QSI at the forefront of innovation in the field.
Founder's Confidence: Jonathan Rothberg, the founder of QSI, has displayed unwavering confidence in the company's future. Notably, Rothberg has not sold a single share and, in fact, acquired tens of thousands of shares in the $3-4 range last year. This demonstrates his belief in the company's long-term potential, which is a rarity among new companies. In contrast to many other recent IPOs, where founders and CEOs have been selling shares, Rothberg's continued investment reflects his dedication and commitment to QSI's success.
Strong Financial Position: QSI boasts a robust financial position with over $330 million in cash and zero debt. This substantial cash reserve provides the company with a secure foundation and ample resources to fund operations for at least three years. This financial stability is uncommon for a company that went public through a SPAC, instilling confidence in QSI's ability to execute its plans without facing immediate financial constraints.
Strengthening Executive Team: QSI has been bolstering its executive team, attracting talented individuals from reputable companies such as ILMN (Illumina). This strategic move enhances QSI's expertise and further positions the company for successful execution of its plans. The addition of experienced professionals from a prominent industry player underscores QSI's commitment to assembling a capable team to drive growth and innovation.
ARK's Support: ARK, an influential investment firm, has been actively accumulating QSI shares, driving up demand and limiting the availability of public shares. With approximately 9.75% ownership in QSI and an average acquisition price of $9.91, ARK's confidence in the company's potential is evident. Their continued investments, as seen in their recent purchase worth $675K, signal a positive outlook for QSI and attract attention from other investors.
From a technical analysis perspective, Quantum-Si (QSI) appears to be forming a double bottom pattern, which can indicate a potential trend reversal and a bullish signal. The double bottom pattern is characterized by two distinct price lows, with a moderate upward price movement in between, forming a "W" shape on the chart.
In the case of QSI, the formation of a double bottom pattern suggests that selling pressure may be diminishing, and buyers could potentially step in to drive the stock's price higher. This pattern often signifies a shift in market sentiment from bearish to bullish.
Based on the double bottom pattern, some technical analysts may project a potential price target. In this case, the price target of $1.93 indicates the expected upside move if QSI breaks above the pattern's neckline or resistance level.
Considering these factors, Quantum-Si (QSI) presents an intriguing growth opportunity. The disruptive technology, founder's confidence, strong financial position, strengthened executive team, and support from influential investors contribute to a compelling investment thesis. While investments involve risks, QSI's current valuation of $1.55 potentially offers significant upside, with the potential for at least doubling in value based on the provided information.
Looking forward to read your opinion about it!
QSI Quantum-Si Incorporated Double BottomQSI started the reversal I was mentioning here:
Quantum-Si incorporated, a life sciences company, develops a single molecule detection platform for sample preparation and sequencing.
QSI is heading to the next resistance, $2.52, which I think is the price target of this stock for now.
Cathie Wood`s ARK Invest is the biggest shareholder with an Estimated Average Price Paid of $9.91/share.
So I`m extremely optimistic about the future of this company.
Looking forward to read your opinion about it.