IONQ Inc., a trailblazer in quantum computing, specializes in developing and manufacturing quantum computers. Founded in 2015 by Christopher Monroe and Jung Sang Kim, the company is based in College Park, Maryland.
This technical analysis of IONQ’s weekly stock chart reveals key insights:
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After a 3-wave pullback, the stock surged to new all-time highs.
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This breakout confirms the potential for further growth, targeting the 65.84-73.16 range.
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Based on this analysis, our recommendation is to hold onto your shares, as selling may not be the best strategy at this point.
IONQ Weekly Chart From 4.22.2025
IONQ’s past update covered stock price action can be broken down as follows: The rally to $35.90 marked the end of wave ((I)), followed by a pullback that formed a double three structure. This pullback consisted of wave (w) ending at $9.16. A bounce in wave (x) to $17.66, and wave (y) concluding at $3.03.
Subsequently, the stock entered an impulse sequence, with wave (I) peaking at $21.60 and wave (II) correcting to $6.22. A strong rally ensued, culminating in wave I at $54.74, followed by a 3-wave pullback in wave II. This pullback unfolded as a zigzag correction: wave ((A)) ended at $25.92, wave ((B)) bounced to $45.56, and wave ((C)) concluded at $17.88.
IONQ Latest Elliott Wave Chart From 9.15.2025
Since then, IONQ has surged to new all-time highs, indicating potential for further growth towards the $65.84-$73.16 range. Until this target is reached, dips are expected to remain supported within 3, 7, or 11 swings. Based on this analysis, selling is not recommended. If you are looking for real-time analysis in Stocks & ETFs then join us with a 14-Day Trial for the latest updates & price action. Success in trading requires proper risk and money management as well as an understanding of Elliott Wave theory, cycle analysis, and correlation. We have developed a very good trading strategy that defines the entry. Stop loss and take profit levels with high accuracy and allow you to take a risk-free position, shortly after taking it by protecting your wallet. If you want to learn all about it and become a professional trader. Then join our service by taking a Trial. The post IONQ Stock Analysis: Resuming the Uptrend After a Brief Correction appeared first on Elliott Wave Forecast.