The moving average has been steadily rising throughout August:...

The moving average has been steadily rising throughout August: from 1.50 to 1.82 in the space of four weeks, compared to July's big move from 1.00 to 1.50. If we look at the past three months, we've gone from 0.76 up to a high of 3.08 (spectral leakage). The volatility is underpinned by a lot of people buying without having a clue about the company. Now that some stability has emerged, we will see less convolution until the next firm announcement (hopefully the US patent). Exponential smoothing suggests that this may be the last window for buying in 'cheap' before the next wave that will develop within a new cycle.



The next interval will be very interesting. Although I expected the stock to finish up this week in the 2.20-2.40 range, I think the current range is a result of some offhand shenanigans more than anything else. My Savitzky–Golay filter is telling me "buybuybuy". Despite the diffraction since the 3.08 high, coherence is emerging (much like with our qubits) and personally I don't think we can even say which cycle we are in right now. All I know is, when 0 and 1 can be either or zero or one, at 68°F, it's beyond the comprehension of even guys like me who try really hard to understand what is going on, let alone those who haven't got a clue, so, go figure what that means for the value of this stock. It seems our friends at Quantum Brilliance have raised $13m for their room temperature efforts. Well, Archer has a little bit more than that, and I'll happily contribute a bit more. Watch this space.



Worth a read:
https://www.techrepublic.com/article/expert-now-is-the-time-to-prepare-for-the-quantum-computing-revolution/

Have a good weekend, all. See you on the other side.