Trade Ideas Equities

May 10, 2025

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide.
The above daily chart formed an approximately 3-month-long cup & handle chart pattern as a bullish continuation after an uptrend.
The horizontal boundary at 11.45 levels acts as a resistance within this pattern.
A daily close above 11.8 levels would validate the breakout from the 3-month-long cup & handle chart pattern.
Based on this chart pattern, the potential price target is 34.2 levels.
QBTS, classified under the "technology" sector, falls under the “Mid Cap - Growth” stock category.

Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines in the Asia Pacific, Europe, the Middle east, Africa, Mexico, Central America, South America, the United States, and Canada.
The above weekly chart formed an approximately 55-month-long rectangle chart pattern as a bullish continuation after an uptrend.
The horizontal boundary at 52.3 levels acts as a resistance within this pattern.
A daily close above 53.86 levels would validate the breakout from the 3-month-long rectangle chart pattern.
Based on this chart pattern, the potential price target is 90 levels.
AL, classified under the "industrials" sector, falls under the “Mid Cap-Value” stock category.

Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, and natural gas services in the United States.
The above daily chart formed an approximately 32-month-long rectangle chart pattern as a bullish reversal after a downtrend.
The horizontal boundary at 41.69 levels acts as a resistance within this pattern.
A daily close above 42.95 levels would validate the breakout from the 3-month-long ascending triangle chart pattern.
Based on this chart pattern, the potential price target is 52.6 levels.
WTRG, classified under the "utilities" sector, falls under the “Large Cap - Income” stock category.

Bankwell Financial Group, Inc. operates as the bank holding company for Bankwell Bank that provides various banking services for individual and commercial customers.
The above weekly chart formed an approximately 40-month-long cup & handle chart pattern as a bullish continuation after an uptrend.
The horizontal boundary at 35.25 levels acts as a resistance within this pattern.
A daily close above 36.3 levels would validate the breakout from the 40-month-long cup & handle chart pattern.
Based on this chart pattern, the potential price target is 54.5 levels.
BWFG, classified under the "utilities" sector, falls under the “LargeCap - Income” stock category.

Despec Bilgisayar Pazarlama ve Ticaret Anonim Sirketi distributes information technology consumables in Turkey and internationally.
The above daily chart formed an approximately 7-month-long rectangle chart pattern as a bullish continuation after an uptrend.
The horizontal boundary at 53.25 levels acts as a resistance within this pattern.
A daily close above 54.85 levels would validate the breakout from the 7-month-long rectangle chart pattern.
Based on this chart pattern, the potential price target is 70 levels.