Quantum computing names

Many investors are interested in quantum computing stocks:

• D-Wave Quantum (QBTS)

• IonQ (IONQ)

• Rigetti Computing (RGTI)

• Quantum Computing (QUBT)

These stocks have had significant rallies, but there is more upside potential if constructive technical setups remain in place.

D-Wave Quantum (QBTS)

D-Wave Quantum (QBTS) broke out from a late 2022-mid 2025 big base that projected to 22.25 and a tactical consolidation pattern that counted to 25.80. The stock achieved both of these targets and shows additional upside potential to 31, which is the 100% extension January to July rally projected from the late August low. Holding above the 61.8% extension at 24.59 would keep the focus on upside to the 100% extension level.

Chart 1: D-Wave Quantum (QBTS): Arithmetic scale chart

IonQ (IONQ)

IonQ (IONQ) broke out from 3-year big triangle base in late 2024 and a bullish cup and handle pattern dating back to January in early September. These patterns count to 118 and 132, respectively, using a weekly logarithmic chart. The cup and handle breakout stays intact above 54.74-49.00.

Chart 2: IonQ (IONQ): Logarithmic scale chart

Rigetti Computing (RGTI)

Rigetti Computing (RGTI) broke out from 2-year big base in late 2024 and a completed a bullish triangle pattern dating back to January in earlier this month. The stock is approaching the big base target at 33, but the triangle breakout supports the case for further upside toward 48 and 58. Holding above the 21.42 to 17.39 range keeps the pattern bullish.

Chart 3: Rigetti Computing (RGTI): Logarithmic scale chart

Quantum Computing (QUBT)

Quantum Computing (QUBT) is setting up to complete a late 2024 into late 2025 bullish cup and handle. A decisive rally above 21.75-21.88 would confirm this pattern and favor upside beyond the recent highs at 23.98 (last week) and 27.15 (late December) toward a measured move at 31.20 and the full pattern count at 39.00. The handle low at 13.72 held between the 38.2% and the 50% retracements of the rally from the cup low to the handle high at 15.19 and 13.12, respectively, which reinforces the developing cup and handle pattern.

Chart 4: Quantum Computing (QUBT): Arithmetic scale chart