Could QMCO hit $40 by tomorrow

**QMCO's potential to hit $40 by tomorrow is high**, considering the current bullish trend and the positive market sentiment surrounding quantum computing stocks.

1. **Current Bullish Trend**: The closing price of QMCO on November 26, 2024, was $20.72. The stock has been showing a bullish trend for the past 7 days, with a continuation probability of 86% for the next day.
|Ticker|Name|Date|Closing Price|code|market_code|
|---|---|---|---|---|---|
|QMCO.O|Quantum|20241126|20.6299|QMCO|185|

2. **Market Sentiment**: Recent news about Amazon Web Services launching the Quantum Embark program has positively influenced quantum computing stocks, including QMCO. This advisory program is aimed at preparing users for the shift towards quantum computing, which is likely to increase demand for quantum technologies in the long term.
3. **Quantum Computing Sector**: The sector is experiencing a rise due to Amazon's initiative, with shares of Quantum Computing, Arqit Quantum, D-Wave Quantum, and Defiance Quantum showing significant gains in after-hours trading. This indicates a positive market response to the advancements in quantum computing, which could spill over to QMCO and similar stocks.
4. **Technical Indicators**: The trend forecast indicates a strong likelihood of the bullish trend continuing, with 86% confidence in a clear trend for the next few days. This suggests that QMCO could potentially continue its upward trajectory.
5. **Strategic Investments**: The Quantum Embark program by AWS is expected to drive strategic investments in quantum computing, which could lead to increased demand for quantum computing services and related stocks. QMCO, as a player in the quantum computing space, could benefit from this increased demand.

In conclusion, given the current bullish trend, positive market sentiment, and the potential for increased demand in the quantum computing sector, it is reasonable to expect that QMCO could go up to $40 by tomorrow. However, investors should always consider their risk tolerance and investment goals, as stock prices are subject to market fluctuations and uncertainties.

|Ticker|Name|Date|Closing Price|code|market_code|
|---|---|---|---|---|---|
|QMCO.O|Quantum|20241126|20.91|QMCO|185|