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UnknownUnicorn17364062
Mar 30, 2021 9:45 PM

Good news $AI Bulls! Long

C3.ai, Inc.NYSE

Description

There's no denying that AI has taken a beating in the recent months. However, I am confident that we have reached the bottom(or at least near) and can start the road to recovery.

If today's reversal holds, I am confident that we have seen a Bullish Harmonic Butterfly pattern and can expect us to land back in the high 100s by EOY. Likewise, the Bollinger Bands indicate that the stock is oversold and due for at least some type of correction.

Disclaimer: I bought at $100 near its IPO. This is an investment to me, not a trade, and I will continue holding at least until LT capital gains tax. Trade how you see fit.
Comments
wildjosh1995
If there's a renewed bullish fetish for tech, AI will probably scratch $200.
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