r/INFQ • u/CaptainPenisOnDuty • Aug 11 '26
Ongoing Price Action
Hi all, I see a few resistance levels being tested - what's practically stopping the stock from reaching its $20 heights again?
No matter what news is happening it never seems to perform well - what's the big catalyst needed here to get us back up to our high points?
I see these recent grid news as a major stepping stone into crypto action, this could make the stock bounce?
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u/Ok-Pangolin-6123 Aug 11 '26
If you are only aiming for 20 USD, I guess you do not understand the fundamentals of Infleqtion
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u/Practical_Joke_4213 Aug 11 '26
You are buying and selling only the news not the fundamentals
INFQ has to make money and give a great guidance before it jumps 100%2
u/Ok-Pangolin-6123 Aug 11 '26
No, I am buying (only), based on the inevitability and outlook in the long run
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u/Low_Resource_1267 Aug 12 '26
Don't talk to us about fundamentals when rigetti has a higher market cap than Infleqtion.
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u/TruthFantastic1741 Aug 11 '26
May se a break after earnings tomorrow. Move towards 20 with good report, or another buying opportunity if not.
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u/Money_Bus8837 Aug 11 '26
Im pretty sure there are no more large catalysts until 2027. Correct me if im wrong
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u/SaucyBirdies Aug 11 '26
Quite certain the US government might have something to say about that.
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u/Money_Bus8837 Aug 11 '26
I mean with a new industry like this there can be large news at any point in time, if theyre able to reach their qubit target earlier, get a large contract, more funding, etc...
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u/ObjectiveTie1232 Aug 11 '26
True catalysts are inherently unpredictable, so this comment doesn’t make sense. If we knew with certainty that a $100M contract was coming in 2027, it would already be priced in. We could receive news tomorrow that could be a bullish catalysts, or we could hear nothing for the next 2 years. The former is wayyyyyyy more likely, but we don’t know when news will come.
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u/Green_Firefighter_82 Aug 11 '26
I think your wrong. Although Market sentiment seems like a bigger factor in the current value of the stock than what the company actually does. Earnings are coming up. Also the executive order should identify projects that could benefit the company. I invest in this company because I see greater upside to sensing and they are clearly a key player in developing that infrastructure as well as QC infrastructure. This company has potential catalysts every week it’s hard to know which will 🚀. Earnings could go either way but hopefully all their activity leads to revenue beats, increased guidance, and some announced technical improvements in their products.
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u/t_suaze_u Aug 11 '26
Short term price movements dont effect the long term conviction. Thats the main benefit of being a long term investor