9/22/25 - $rgti - What's this pattern called?

9/22/25 :: VROCKSTAR :: RGTI
What's this pattern called?

- while admittedly TA is not my game
- and it's dangerous to use the "F" word around here (Fundamentals)
- the reality is, there really aren't any fundamentals to speak of
- so when valuation becomes $10B...
- and you get a move like the chart above
- and you start to see bearish kramering
- the support here friends, isn't tough to spot it's $20-$22
- does this thing boot/ rally to new highs? perhaps
- thankfully i was out of the WHOLE position on the dump this AM
- but then i got back to full size short too soon... and ended the day slightly up on the short. not fun.
- that being said, the hourly bar is really hoping mr. gym kramer speaks positively about IONQ tn
- otherwise we'll go to $22. i'll cover, again. and we'll see.
- but seeing this name boot from -10% to +3% was wild. congrats to the bulls. the red finish and this pattern, though. ugly.
- you'll need to find more pumpers to sustain this rally, or else px action needs to cool off.

V