Continuing to look at C3.ai the chart appears that a bottom might be near. A falling wedge pattern is well defined within the LongTerm Downtrend. Also within that as identified in a light blue horizontal box is the current trading channel of approximately 6 weeks.
The TSI is still relatively weak but overall neutral along with the MFI. The most recent bearish...
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Price did not play out as analyzed last week. However, my original expectations still holds. Price could potentially be making a bullish retracement into the bearish order block at 27.11 before making its way to take out the equal lows at 23.31 as the target.
The price is reacting in a zone from which it has bounced many times historically. Now it's happening again.
If on Monday's session the market breaks the last confirmed peak on the M15 interval, it may mean a change in the trend to M15.
My scenario is to wait for the pullback and look for an opportunity to enter at its end.
I drew the ideal situation on a chart....
Price played out nicely as analyzed last week, giving us a -12.19% move to the downside. Price has invalidated the bullish order block at 28.62, and is likely to head towards the next one at 23.82. Potential target for the bearish move is the equal lows at 23.31.
hello everyone, as you see on chart there seems ascending channel sturcture. now price on the bottom support area. because of stoch rsi is oversold in 4h and also rsi moving average also very low, i expect rise in price. so we can set up long position.
Price played out nicely as analyzed last week, mitigating the current bullish OB. From here, if we get a confirmation on the lower timeframe, we can see price potentially targeting the highs at 31.13. If not, we should see a deeper mitigation of the current bullish OB.
Price played out nicely as analyzed last week. Price went lower to mitigate the bullish OB at 28.62. As volume is not picking up, I'm expecting a deeper retracement with the current bearish impulse and will be waiting for a confirmation before deciding price to go higher.
C3.ai, a prominent AI software company, is making waves with an 81% surge in customer engagement. The company's strategic move includes the introduction of "C3 Generative AI: Enterprise Marketplace Edition" in collaboration with Amazon. This initiative aims to leverage untapped organizational data, aligning with the evolving demands of the market. Here are the key...
And doesn't it have the best ticket to capitalise on the AI investment blowoff top mania phase.
We have seen it so many times now.
The chart pattern is still forming off course.
It gives you a roadmap, doesn't it.
Price consolidated since my last analysis. Price filled the FVG at 29.55, but did not went lower to take the liquidity at 23.31 before going higher. Price took liquidity at 33.67 recently, and mitigated the bullish OB at 28.62. Price could go higher here, but possibly lower to my original target at 23.31.
A.I. Names are still hot streak , AI gonna catch some steam along with the other A.I names even if this isn’t a main player. Short squeeze gonna play a major role here.
Target1 : 40
Shares of C3.ai surged after the AI-focused software-as-a-service (SaaS) company was name-checked by Oppenheimer on its list of stocks to own in 2024.
C3.ai ( NYSE:AI ) has been one of 2023's top-performing artificial intelligence (AI) stocks. It's up around 180% this year, but is down about 30% from its high set in June. With 2024 shaping up to be another strong...
AI (C3.ai) has made a Higher High yesterday, the highest level it's been since August 15. Having put both the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line) behind, this rebound is taking place after a perfect bottom on the long-term Channel Up.
The first Bullish Leg of this pattern peaked on the 1.382 Fibonacci extension before a 1D MA200...
