This is a stock I've recently bought, based on the technical readings alone. Fundamentally it may not be worth a long term hold, but I do believe it's a good trade opportunity. As you can see we had a falling wedge and breakout on the weekly with weekly bullish divergence on the RSI. We are currently over the 18 on the week , so bias is up. However, we also just reached the weekly BB, so some resistance here is to be expected. If they can hold 12 dollars, this may get a bounce to at least 20 and if it really takes off, 34 and possibly 50. There's no volume but it does seem to be finishing a base here. I can't guarantee if this is an area to buy, but I do recommend this stock as a watch in 2023.
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AI will likely close the week above it's 18ma, last time it did was August of 2022.
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A pullback to the 18ma weekly (currently at 13 but will will be higher) would be an objective buy for AI target 25 area sometime this year, maybe more.
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daily bearish divergence and we're close to a gap. I still thik it pulls back soon, but the bottom is likely in on this stock.
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1st major resistance area reached
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AI is close to it's 18 and 20ma on the daily chart. between 20.5 and 19.5 should act as support, maybe as low as 19.
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AI found support at the daily 18, any pullback is still a buy here.
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support area here, likely goes higher to test highs
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probably makes a slightly higher high this week, but RSI looks like it would be warning of a larger pullback after.
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Haney updated in a while.... A bit higher on AI probable but I wouldn't get on higher highs right now with the rsi like this on the daily.
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weekly rsi was warning of reversal. lots of support at 26-25 area