As with any Discovery Stock, investors are looking to the price and the potential of the stock, not the fundamentals. As it stands now, IonQ has the benefit of round numbered support from the $30 price. Shares recently saw support at $40 on their ascent and then resistance at $50, displaying the effect of round-numbered prices.

IonQ (NASDAQ:IONQ) is arguably the leading stock in the quantum computing space. Prior to today, its stock was up nearly 500% over the last three months as it works to push quantum physics into computing to make massive,

Investing.com -- Shares of ionQ Inc (NYSE: IONQ) climbed 8% after the company's CEO, Peter Chapman, provided an optimistic update on the timeline for delivering quantum computing value, contrasting with recent industry skepticism.

Rigetti Computing, IonQ, and other quantum stocks plunged after Nvidia CEO Jensen Huang told Wall Street analysts that “very useful quantum computers” are likely 20 years away.

When it comes to stratospheric returns, few sectors outside of the cryptocurrency ecosystem can hold a candle to quantum computers. Just look at sector specialist IonQ (IONQ). At the beginning of the fourth quarter,