My Thoughts on Tomorrow's Trading for IONQ:

Overall Sentiment:
The chart shows that IONQ has experienced a sharp sell-off, which could indicate panic selling or overreaction to recent news (such as NVIDIA's comments on quantum computing). Stocks like IONQ, being speculative in nature, often have exaggerated price moves in both directions. The current bounce attempt suggests short-term oversold conditions, but the trend remains bearish unless key levels are reclaimed.

What to Watch For Tomorrow:
1. Bearish Bias Until $32 is Reclaimed:
* The Point of Control (POC) at $32 is a pivotal level. If price stays below this level, bears are likely to maintain control. Tomorrow, the first test of $32 will reveal whether bulls can regain momentum or if sellers will push the price lower.
* A failure at $32 may open the door for a test of $28 or even $25.90, the Value Area Low.
2. Potential for a Short-Covering Rally:
* If price breaks above $32 with strong volume, we might see a sharp short squeeze toward $35 or $38.50. These levels have heavy selling interest and will act as hurdles for any recovery.
3. Volume is Key:
* Watch volume closely tomorrow. If volume is light during any upward move, it may signal a weak bounce and an opportunity to short at resistance levels like $32 or $35.

My Leaning:
1. Bearish in the Short Term:
* Unless $32 is convincingly broken, I would lean bearish. The sell-off was strong, and speculative names like IONQ often take time to stabilize after such large declines.
* A breakdown below $30 will likely lead to further downside, targeting $28 and $25.90.
2. Bullish in the Medium to Long Term (Only If Levels Hold):
* If the stock can hold above $30 and reclaim $32, it could form a base for recovery. Quantum computing is still an exciting space, and speculative investors may step in if the price stabilizes.
3. Key Psychological Factor:
* After a 36% drop, traders may hesitate to buy aggressively unless clear technical signals emerge (e.g., reclaiming $32 with volume). The next move will likely depend on how confident market participants feel about the bounce holding.

What I Would Do:
1. Short-Term Scalps:
* Trade the range between $30–$32 if it remains range-bound.
* Look for a shorting opportunity if $32 fails or breaks down below $30 with strong volume.
* Target smaller profit zones ($1–$2 moves), given the current volatility.
2. Watch for Breakout/Breakdown:
* If $32 breaks, go long with tight stops for a quick move toward $35.
* If $30 breaks, go short targeting $28 and $25.90.
3. Stay Nimble:
* Avoid holding positions overnight unless you have a clear directional bias backed by strong signals. The volatility is too high for speculative holding without solid confirmation.