n this technical blog site, we will take a look at the IONQ current rate action. The business deals in quantum computing, focuses on establishing and making quantum computer systems. The stock made a rally greater as highlighted in last September 2025 upgrade here. Rally greater occurred occurred in another 5 waves structure and made a pullback, which winds up participating in previous wave I area. Hence recommended that it’s no longer wave (III) occurring. We will describe the current projection listed below:
IONQ most current Elliott Wave chart from 11.19.2025
This is the current Elliott wave chart from 11.19.2025 upgrade. In which, the primary cycle from perpetuity low still 3 waves rally greater occurring. While the rally from December 2022 low unfolded in a diagonal 5 waves structure where wave I ended at $21.60 high. Wave II pullback ended at $6.22 low, wave III ended at $54.74 high, wave IV pullback ended at $17.88 low. Up from there, the stock made a rally into brand-new high towards $84.64 high and ended wave V therefore finished wave (I).
Down from there, the stock is most likely doing a 3 wave pullback to fix the cycle from December 2022 low within wave (II) pullback. Whereas present leg of the pullback can end in between $$ 33.38- $25.77 location. Consequently, can see a minimum of 3 wave response greater. Do not like offering it and swing traders need to look out for clear A-B-C setup from the peak.
Source: FXstreet.
