Looking further at the chart the potential for 2023 that C3.ai can advance to the $73 Level is very strong and it would still be nearly 60% below it's high. The biggest difficulty is determining Fundamentally as to what is a realistic price target for them right now.
Comment:
Looking further at just the last 5 weeks of trading action there has been an ascending triangle forming that can typically signal a potential breakout although in some instances it can break down. Given the recent turn of events with ai in general and becoming widely accepted I think the emotional tide has turned with good potential. As my chart now indicates a Potential upside of 154%.... ?
Comment:
I was just looking at both the volume, financial, Investors, and Insider trading for this one, all of which the information is readily available through MSN.com, and overall this company is really struggling. Insider Trading has all been Sell Orders and though their may be an ascending triangle forming, as I stated it is possible this one will break down. Especially when looking at the volume, other than the previous day the volume has been steady but nominal at best. Trade carefully on this one.
Comment:
On March 16 and March 24th I posted a new chart and comments to the AI Minds thread indicating that I was maintaining my Bearish outlook for AI. The recent anomalous High did surprise me a bit but the Insider Sell Orders that I saw were backing my sentiment. It's one thing if one insider is selling however there were several. The current news also surprised but it would explain the insider selling and curious if the SEC may take notice. I still expect it to breakdown further as previous stated.