RGTI is nearing a critical inflection point
$Rigetti Computing(RGTI)$ $Defiance Daily Target 2X Long RGTI ETF(RGTX)$
📊 Today's Market Flow
RGTI closed at $15.4, marking a modest +0.59% daily gain despite remaining within a Bearish zone. Over the past 5 days since entering this zone (Aug 20 → Aug 27), the stock has delivered a +4.3% return, outperforming typical expectations for Bearish conditions.
This positive movement comes during a rebound trend inside the Bearish zone, suggesting temporary buying interest. Importantly, there is now an 84% probability of transitioning into a Bullish zone within the next 2 days, indicating that a potential trend reversal may be imminent.
📈 Long-Term Investment Strategy & Analysis
Current Zone: Bearish
Position: Sell and Observe
Bearish markets are often characterized by:
Downtrend: Sustained selling pressure with brief upward pauses.
Rebound Trend: Short-lived recoveries, offering tactical but risky opportunities.
For long-term investors:
Maintaining a Sell and Observe stance has been effective, capturing a +4.3% return while mitigating downside risk.
A transition to a Bullish zone would justify shifting into a more proactive accumulation strategy.
Until the trend confirms Bullish momentum, the focus remains on capital protection and monitoring for entry signals.
The key takeaway: Patience is warranted. Once RGTI shifts into a confirmed Bullish phase, long-term positioning in a Buy and Hold strategy may unlock stronger returns.
⚡ Short-Term Investment Strategy & Analysis
Current Zone: Bearish → Rebound Phase
Position: Tactical Buy and Hold
RGTI is currently showing signs of a box-pattern rebound, where small declines are followed by upward movements. This suggests selling intensity is softening and buyers are beginning to test higher levels.
Tactical Strategy:
Buy Timing: Optimal entry projected for Aug 28 at around $14.9.
Sell Timing: Favorable exit window between Sep 3 – Sep 4 near $17.9.
Risk Management: Take advantage of rebounds to trim exposure if broader market weakness re-emerges.
Correlation with the US Stock Market Index remains moderate at 71%, meaning RGTI is somewhat influenced by macro market trends but retains the potential for independent price movement.
🔮 10-Day Forecast & Trend Outlook and Insights
Directional Bias: 60% upward vs. 40% downward
Expected Range: $15.1 – $17.5
Median Price Target: $16.3 (+6.0%)
Trend Reversal Probability: Elevated ~Day 6
Zone Transition Outlook:
Last 30 days: Bullish (+18%)
Current: Bearish (-19%)
Next 10 days: Bullish (+45%) expected
Trend Intensity:
Upward momentum could average +82% strength
Downward moves expected at -41% strength
Volatility Outlook: Relatively stable with moderate swings, as the Buy-Sell intensity remains balanced.
📝 Strategic Takeaways & Final Thoughts
For Long-Term Investors: Maintain a wait-and-see approach until the Bearish zone fully transitions to Bullish. Once the shift is confirmed, gradual accumulation may be appropriate to capture medium- to long-term upside.
For Short-Term Traders: A tactical Buy at ~$14.9 on Aug 28 with a target Sell near $17.9 by Sep 3–4 offers an attractive risk-reward setup.
Overall Outlook: RGTI is nearing a critical inflection point. With an 84% chance of entering Bullish territory within 2 days, investors should prepare for a potential strategy shift. Those who balance caution with readiness to act may best capture upcoming opportunities.
For whom haven't open CBA can know more from below:
🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!
Find out more here：
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
