chartmojo

A.I. PLUS CLOUD

chartmojo Updated   
NASDAQ:VERI   Veritone, Inc.
I pointed this one out in the chat on it's parabolic move up as an interesting trend...sector...and parabolic move. Then again mentioned the exhaustion / short opportunities then again the recent sup break and move thru 50% retrace zone. I'm bringing it up now as a sector and type of stock to monitor going forward. A.I. is advancing rapidly . Some A.I. is already writing code better than the code that created it. Many think as smart as it is already it will be 1 million or more times smarter. That rise will occur parabolically along with the nexus of A.I., Cloud, Quantum computers, Hi speed connections and Robotics etc. Think of Veri as A.I. + Cloud. You can see by the chart some traders caught onto this with the recent euphoric rise. It's one to monitor. A.I. will be accessible in the cloud like cloud based software is now. Business's are starting to get access already. Individuals will be able to soon if not already. This will be a game changer. See idea on BOTZ... Global Robotics and A.I. etf. Just seems like a really sweet spot going forward.
Comment:
decent little 37.74% rise today

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