"The latest quantum computing breakthrough for RGTI could mean more gains to come in this emerging sector." Nate Bear, Lead Technical Tactician, Monument Traders Alliance Editor's Note: Artificial intelligence is becoming more advanced seemingly by the day. And on Wednesday, July 23rd at 2 p.m. ET, our Lead Technical Tactician Nate Bear will be showing traders a new "Sector Rotation" as a result of AI tech. If you're a trader, this could affect you as trillions of dollars will move out of traditional sectors and into new areas of the market. But don't worry - Nate will show you exactly where those new sectors are. If you want your investments to succeed in 2025, you need to be at this event. Click here to sign up for free today. - Ryan Fitzwater, Publisher On Monday, I wrote about Rigetti Computing (RGTI) in the Wake-Up Watchlist. And on Wednesday morning, the quantum computer company shot up 10% in premarket after breaking new ground with its latest tech. The big move came on positive news surrounding a milestone of RGTI's modular 36-qubit system. To put it in layman's terms, RGTI unveiled a new quantum computer with 36 tiny brain pieces, and those pieces are built together to make an even bigger brain. Kind of like legos, but for computers. The company is also getting ready to build an even BIGGER brain – one with over 100 pieces – before Christmas. It's also actively achieving a 2x reduction in error rate – which has been a major issue surrounding quantum tech. Upon reading this news, RGTI became the perfect "lotto" trade candidate. My RGTI Trade Plan With RTGI up already on a news catalyst, I didn't want to sell right away. Instead, I only wanted to add more. You see… so many folks are trained to "buy the dip," but they don't always add to something that's already working. Yet that's what good businesses do. So I added more to get some actual squeezes, and then I closed out one leg of the trade for a triple-digit winner in 1 trading day. |
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