Bias more on upside till Resistance area. ($42-$52) Huge jump up last Friday with 21% increased.
Thanks to Kerrisdale Capital who Shorted C3.ai (AI) Shares mentioned on 29 March 2023. Assuming the price high on 29 March is at $26, they will be in trouble as for now.
Assuming if they cut their losses by buying back C3.ai price from the market, they are truly experience short squeeze. Seller turn buyer fueling more oil for the bull this time round.
This may be a reason to shoot up C3.ai on last Friday.