QBTS — RS 99 Leader in a Leading Group | Textbook Bull Flag

Wait 5 sec.

QBTS — RS 99 Leader in a Leading Group | Textbook Bull Flag D-Wave Quantum Inc.BATS:QBTSMomentum_Trading_StrategyThis chart highlights a classic bull flag continuation setup on D-Wave Quantum (QBTS) — a high Relative Strength (RS 99) name within the Computer–Hardware/Peripheral industry group, one of the top-ranked sectors in the current market. Even though QBTS’s earnings don’t fully meet traditional CANSLIM criteria, this setup shows why focusing on leading themes, strong groups, and RS leadership can be just as powerful in identifying potential big winners. Key Leadership Factors: ✅ High RS (99) ✅ Leading Industry Group ✅ Part of the 2025 AI/Quantum Theme Following a sharp 100%+ move (the flagpole), QBTS consolidated in a tight, downward-sloping flag with low-volume pullbacks — a textbook structure signaling healthy digestion of gains. The breakout came on expanding volume, confirming renewed institutional buying pressure. Key Technical Traits: -Strong flagpole with explosive volume -Pullback of ~19% on lighter volume -Rising key moving averages -Breakout on heavy volume This is a Qullamaggie-style momentum continuation setup — clean, structured, and high risk/reward.