On Monday, the bulls returned to the C3.ai stock following the signing of a new contract with a significant branch of the American military.
This development sent the share price of the AI specialist rocketing more than 8% higher so far this week, outperforming the week’s 1% increase in the S&P 500 index.
You can now spot a spring pattern after what Lance...
Right now there is more Negative or Bearish Signals dominating the chart than Bullish signals but the next couple of days could be pivitol for a short term reversal with a potential spike lower to $31.00. Earnings are 2 weeks away and with any Positive Earnings News causing Bullish Momentum the possible top is $39.00. That would be an $8.00 swing for a potential 25% gain.
Daily chart
C3.ai ( NYSE:AI ) increased over 381% from Jan 2023 and it's trading at $39,25 after drop from ATH on Jun at $48,87
The first leg is completed and wait for a second leg to buy around $29
Wait and see C3.ai growth in the future
NYSE:AI
The bearish line is identified at 37, which may indicate a bearish signal and potential downward price movement. In this scenario, the target prices could be set at 36.43, 35.60, 33.82, and 32.05.
*In addition to the provided information, I have observed three black crown candlesticks, which typically signify a bearish pattern. Furthermore, on the...
C3.AI stocks suppressed by the 1.618 level of the golden section
This chart shows the weekly candle chart of C3. AI stocks for the past year. The graph overlays the low point at the end of 2022 against the golden section. As shown in the figure, the high points of C3.AI stocks at the end of May and July were precisely suppressed by the 1.618 level of the...
Im almost in disbelief that we will see a wave 3 forming from this suggested wave 1.
wave 2 way too deep. I would have to wait and see the further developement. I think that we might see lower prices so therefore , i would have to change the count.
But not just yet.
Last stand
Bought in NYSE:AI stock 🚀 This stock has enormous potential for growth! Our target is at $63 🎯 The hype around AI is real and still has lots of room. Higher volume on bigger candles is a healthy signal for this breakout.
I like the short-term price action on this one. Looking at the 4hr chart, I see that a trading range has developed. The trading range shows higher lows and higher highs. That is the foundation of an uptrend. Within that uptrend on the 10min chart, I see that an ascending triangle is formed. Ascending triangles are characterized by flat tops and rising lows. It...
NYSE:AI - One I have been watching for a while.
Purchased this stock at $15.59 and still holding.
I am going to re-enter some options as I am expecting a bullish continuation to at least $65 before a significant retracement.
Wave 3 Target: $56
Wave 5 (Final) Target: $65
Options idea: $50 strike with 1st September 2023 expiry with 10% SL. Currently...
NYSE:AI a 99 RS name (relative strength rating) is starting to look very interesting here.
* Vol drying up (check)
* Price & Trend tightening up (check)
* OBV trending up and holding new highs (check)
Currently Pfork is holding.
Even tho, little red retracement is possible and it is not the end of the world, i would like to keep these levels and not drop further.
Dropping out of pfork or under the orange (2) would make my count invalid. And there will be a lot of sadness between the AI world.
So in looking at the Chart for C3.ai it appears that it may be setup for a breakout from a Pennant or Flag Formation. My take is that the Flag pole took too many days to form and so rather than Breakout in a Bullish Continuation trend to $69.00 it is more likely to break down to around $28.00. The volume on the Breakout and the direction will tell you what the...
AI- Monday 7/17/23
Previous close Friday at 37.23
Current Premarket level at 38.00- 2:40am Cali time
Bullish Pennant on daily
First support 3 bounces at 31.30
Resistance at 37.40
Old resistance now support huge consolidation 3 times now at 37.40 level
Bounced off mid channel support
Looking good for calls as of now
