Will QUBT go up

QUBT's upward trajectory appears promising, considering the following factors:

1. Current Bullish Trend: QUBT is experiencing a bullish trend with a duration of 74 days This indicates a strong upward momentum in the stock's price, which could suggest that it has the potential to continue its upward movement in the near term.
2. Continuation Probability: Despite some volatility, QUBT has shown a continuation probability of 15%, with a clear trend lasting 71 days This implies that there is a reasonable chance the stock could maintain its current direction if the market conditions remain favorable.
3. Market Dynamics: The quantum computing market is rapidly evolving, with significant investments and breakthroughs driving growth. As a leading player in quantum computing, QUBT is well-positioned to benefit from this market momentum.
4. Recent Contract and Collaboration: QUBT's recent contract with NASA highlights its capabilities and potential for growth. This collaboration could lead to increased revenue and market credibility, which might positively influence the stock's price.
5. Analyst Confidence: Although the average analyst target price ($8.5) suggests a potential upside from the current price of $17.62, it is important to consider the broader market conditions and potential risks.

In conclusion, while there are no guarantees in the stock market, the combination of QUBT's bullish trend, market dynamics, and recent developments suggest that it has the potential to go up. However, investors should remain vigilant and consider their risk tolerance before making investment decisions.