Watch These D-Wave Quantum Price Levels as Stock Soars to Record High

Core Insights - D-Wave Quantum shares surged 19% to a record high following the Qubits Japan 2025 quantum computing user conference, showcasing its technology to the Asia Pacific region [1][2][7] - The company experienced an 83% increase in bookings, driven by the growing development of quantum AI applications [1] - D-Wave's stock has risen approximately 170% since the beginning of 2025 and over 2,000% in the past year, fueled by optimism regarding the potential applications of quantum computing [2] Trading Performance - D-Wave shares reached $22.75, reflecting a 1% increase in early trading after a 19% gain the previous day [2] - The stock broke out from a multi-month trading range, indicating a bullish continuation of its long-term uptrend [4][7] - The highest trading volume since late May suggests significant participation from larger investors [4] Technical Analysis - The relative strength index (RSI) has crossed into overbought territory but remains below previous peaks, indicating potential for further price increases [5] - Bars pattern analysis projects a target price of around $41.30, suggesting an 83% upside from the recent closing price [6][7] - Critical support levels to monitor include $20, $14, and $11, which may be relevant during potential price retracements [7]