IOT - possible bounce into uptrend

7 Mar 2022

• Downtrend since IPO high of 31$.
  
• Already bounced off ATL 3 times, ie: strong support there.
  
• If this current test bounces again, a quad bottom will have formed. Might enter a new uptrend.
  

Watch next day candle for confirmation.

To be updated.

finance.yahoo.com/news/ionq-barium-systems-demonstrate-industry-130000123.html

"IonQ’s New Barium Systems Demonstrate Industry-Leading Qubit Readout Performance
Thu, March 3, 2022, 9:00 PM

Barium systems, announced last December, already demonstrating superior fidelity

State detection fidelity data outperforms all other commercial systems and is expected to contribute to higher algorithmic qubits (#AQ) on upcoming barium systems

COLLEGE PARK, Md., March 03, 2022--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in quantum computing, today published results from its new barium-based quantum computer showing its superior state detection fidelity. The results reflect a 13x reduction in state preparation and measurement (SPAM) errors, a metric core to producing accurate and reliable quantum computers. On a per-qubit basis, IonQ has reduced these errors from 50 errors per 10,000 computations down to only 4 errors per 10,000 computations. In other words, IonQ’s barium qubits have brought the company from a 99.5% state detection fidelity up to an industry-leading 99.96%..."

7 Mar 2022

Catatan

Apologies. The attached PR is for IONQ. Please ignore.