Is QBTS bullish

**D-Wave Quantum (QBTS) appears to be in a bullish position**, as indicated by several technical indicators and market sentiment:

1. **Positive Technical Indicators**:
- The 5-day moving average ($1.13) is higher than the 10-day moving average ($1.12), indicating a short-term upward trend.
- The MACD (0.03) is positive, suggesting that the stock is currently experiencing buying pressure.
- The RSI (71.28) is above the overbought threshold of 70, which can be a sign of strong momentum but also suggests that the stock may be due for a pullback.
- The Bollinger Bands show that the stock is trading near the upper band, also indicating significant recent price increases.
2. **Strong Analyst Ratings and Price Targets**:
- QBTS has a consensus strong buy rating with an average price target of $3.17, which is significantly higher than the current trading price.
- Analysts predict a potential upside of 141.23% from the current stock price.
3. **Fundamental Factors**:
- The net fund flow (block order) was $77,794.3, indicating substantial investment interest and potential bullish sentiment.
- The stock has been nominated as a GameChanger finalist for the Technology Impact Award, which reflects positively on its technological advancements and market recognition.
4. **Market Sentiment and Growth Prospects**:
- The quantum computing sector, of which QBTS is a part, is expected to see significant growth, with potential to reach a $1.3 trillion market by 2035.
- QBTS is considered a buy on excessive weakness, with potential to solve complex problems faster than classical computers, and with applications in drug discovery, cybersecurity, and other fields.

In conclusion, QBTS shows strong bullish signals from its technical indicators, positive analyst ratings, substantial investment interest, and the potential for significant growth in the quantum computing sector.