Whether you like it or not, the AI pump, even though it lasted for four months, has come to an end, because "artificial" has never been much of a compliment in the first place.
Consider this:
Artificial butter is called "margarine" and if you use it in pastries in France you'll go to prison
Artificial milk is called "soy drink" and if you drink it then you'll get hormonal problems.
An artificial bed is called a "couch" and you only sleep on it when you did something stupid and hurt your wife's feelings or have become poor.
Regardless, C3.AI, just like Docusign, shows curious signs that it should rally and be a big bagger in the future, but the timing for it to do the go train doesn't make sense at present.
I outline Docusign here:
Docusign - In Theory, A Long-term Technical Multibagger
for C3.AI, the evidence is made the most clear on the monthly bars, which is the big gear that dominates all the smaller time frames anyways.
The point is this:
1. All price action in the four month pump was simply retracing a mid-2021 gap down liquidity void, as evidenced by the bodies of the candles and the move away from the level.
2. The big "omg ChatGPT" pump candle from May, which formed an outside reversal bar, has had the 50% level traded through on two monthly bars
3. The May low of $16.79 is still higher (and meaningfully so on a % basis) than the $13.37 level, which amounted to little more than a stop raid during the 2022 lows
4. These numbers and ranges are enormous in magnitude, but C3 is a very, very volatile stock and only worth $3.16 billion at current levels
5. The same idea for an upside gap play exists at $90, and a strong Q4 rally is extremely possible.
So, let's say that the market makers are willing to take price on a 300%+ moon mission. Let me ask you a question, is it very likely that this will happen before, or after, some sort of manipulation to the downside that shakes out weak hands?
The answer is obvious, and so the target is circa $15 in the remaining portion of September and/or October.
The problem with going long the bottoms on the pump thesis is that the situation in Mainland China with the Spectre of Communism controlling the "Chinese" Communist Party is that the CCP is about to fall.
The Yuan is in rough shape, property developers and commercial real estate are about to explode like they ate a crit from the rocket launcher in Quake 4, and cities are starting to appear empty as a result of Mainland China, the world's motherland, being made empty as a result of the Wuhan Pneumonia epidemic.
And to think that all these problems are nothing more than a prelude to the real elephant in the room: the 24-year persecution and organ harvesting genocide against Falun Dafa's 100 million practitioners launched by the CCP and former Chairman Jiang Zemin on July 20, 1999.
The CCP, Xi, the remnants of the Jiang Faction, and the "International Rules Based Order" that smeared its hands participating in the persecution to court Shanghai and Tsinghua Marxist-Leninist vows for material benefits, can absolutely not escape the consequences of these crimes against humanity.
Humans won't hold people responsible, but Heaven will. There will never be a Nuremburg 2.0, and there won't be a "Great Judgment," but there certainly will be a historic retribution for evil that will be passed down forever.
And this makes long into January of 2024 as the market rallies extremely dangerous.
I can only ask you to consider hedging with volatility when you see the VIX at a 9-handle in November and an 8-handle in December.
When "That Day" really comes, everything will be over in a night.
And it will be too late to cry. You'll be trapped on the greatest gap of all time.
Consider this:
Artificial butter is called "margarine" and if you use it in pastries in France you'll go to prison
Artificial milk is called "soy drink" and if you drink it then you'll get hormonal problems.
An artificial bed is called a "couch" and you only sleep on it when you did something stupid and hurt your wife's feelings or have become poor.
Regardless, C3.AI, just like Docusign, shows curious signs that it should rally and be a big bagger in the future, but the timing for it to do the go train doesn't make sense at present.
I outline Docusign here:
Docusign - In Theory, A Long-term Technical Multibagger
for C3.AI, the evidence is made the most clear on the monthly bars, which is the big gear that dominates all the smaller time frames anyways.
The point is this:
1. All price action in the four month pump was simply retracing a mid-2021 gap down liquidity void, as evidenced by the bodies of the candles and the move away from the level.
2. The big "omg ChatGPT" pump candle from May, which formed an outside reversal bar, has had the 50% level traded through on two monthly bars
3. The May low of $16.79 is still higher (and meaningfully so on a % basis) than the $13.37 level, which amounted to little more than a stop raid during the 2022 lows
4. These numbers and ranges are enormous in magnitude, but C3 is a very, very volatile stock and only worth $3.16 billion at current levels
5. The same idea for an upside gap play exists at $90, and a strong Q4 rally is extremely possible.
So, let's say that the market makers are willing to take price on a 300%+ moon mission. Let me ask you a question, is it very likely that this will happen before, or after, some sort of manipulation to the downside that shakes out weak hands?
The answer is obvious, and so the target is circa $15 in the remaining portion of September and/or October.
The problem with going long the bottoms on the pump thesis is that the situation in Mainland China with the Spectre of Communism controlling the "Chinese" Communist Party is that the CCP is about to fall.
The Yuan is in rough shape, property developers and commercial real estate are about to explode like they ate a crit from the rocket launcher in Quake 4, and cities are starting to appear empty as a result of Mainland China, the world's motherland, being made empty as a result of the Wuhan Pneumonia epidemic.
And to think that all these problems are nothing more than a prelude to the real elephant in the room: the 24-year persecution and organ harvesting genocide against Falun Dafa's 100 million practitioners launched by the CCP and former Chairman Jiang Zemin on July 20, 1999.
The CCP, Xi, the remnants of the Jiang Faction, and the "International Rules Based Order" that smeared its hands participating in the persecution to court Shanghai and Tsinghua Marxist-Leninist vows for material benefits, can absolutely not escape the consequences of these crimes against humanity.
Humans won't hold people responsible, but Heaven will. There will never be a Nuremburg 2.0, and there won't be a "Great Judgment," but there certainly will be a historic retribution for evil that will be passed down forever.
And this makes long into January of 2024 as the market rallies extremely dangerous.
I can only ask you to consider hedging with volatility when you see the VIX at a 9-handle in November and an 8-handle in December.
When "That Day" really comes, everything will be over in a night.
And it will be too late to cry. You'll be trapped on the greatest gap of all time.
