The quantum computing sector has been on fire recently, and IONQ’s rally has been remarkable—up over 100% at its peak within just over a month. Last Friday, the stock tested support at its previous swing low around 61.50. The next resistance to watch is near 75; if price gets rejected there, it could form a classic head-and-shoulders pattern, which would be a bearish sign pointing to potential downside.
I’m still holding my remaining IONQ shares, though they’re currently capped by a covered call sold at a lower strike than the current price. My plan is to keep rolling this covered call forward whenever possible. This is my last lot of IONQ, as previous holdings have already been called away when earlier covered calls expired in the money.
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- IrmaBurke·2025-10-20It's a smart move to keep rolling that covered callLikeReport
- Venus Reade·2025-10-21Easy to jump up to 100dollar1Report
- Mortimer Arthur·2025-10-21We could see 100 in no time1Report
- Porter Harry·2025-10-20Good for you!LikeReport