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Barchart
Wajeeh Khan

Up Nearly 60% in 5 Days, Should You Chase the Rally in D-Wave Quantum Stock?

WAVE Quantum QBTS Nvidia AI DWave Jensen Huang NVDA

D-Wave Quantum (QBTS) stock soared on April 15 after Nvidia’s (NVDA) announcement of its open-source Ising artificial intelligence models built specifically for quantum computing. 

Following the rally, QBTS looks headed to challenge its 100-day moving average (MA). A decisive break above $21.77 is expected to accelerate upward momentum in the near term. 

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