Arqq stock price forecast in light of recent U

In light of recent U.S. market resilience, ARQQ stock price forecast has improved, with bullish traders eyeing $1.95 resistance. RSI trends suggest ARQQ is approaching overbought territory, which could limit short-term gains. In January 2023, IONQ boosted its development portfolio after acquiring Canadian Entangled Networks’ assets. In the latest Q4 2023 earnings , it delivered $22 million in revenue and $65.1 million in bookings, which is a 166% annual growth. Arqit Quantum Inc. operates in the quantum technology industry, focusing on providing quantum encryption services. The company is involved in developing secure communication solutions and has been active in business combinations to strengthen its market position. Institutional buying patterns hint at accumulation before possible breakout news.