IonQ gapped up 23% on earnings, has based for three weeks with bullish divergence, and is his top quantum pick with institutional interest; above 33.31 it heads toward the 200-day at 41.

IonQ is a quantum company actually selling machines, with quantum sales more than doubling and ~$1.2B in signed contracts — over double this year's expected revenue — checking his long-term box.

IONQ's surprise earnings reaction looks like a climax bottom; the 25 low must hold and can serve as the invalidation point for a long-term thesis.

IONQ plunged on concerns about equity dilution from an all-stock acquisition. On the weekly chart, it is testing support near the 120-week moving average; although this long-term average has provided support in past pullbacks, it may not hold this time. If it breaks on high volume, the mid- to long-term trend would weaken, making position control more important than predicting a bottom.