Sorry for the Novice chart but im new to charting and still learning.
I think the price of AI is due for a run and will make it up to 68-70 TP.
Im also looking for a bounce off the 0.618.
Please let me know what you think and where i can improve!
Thanks
If you haven`t bought AI before the previous earnings:
Then analyzing the options chain and the chart patterns of AI C3.ai prior to the earnings report this week,
I would consider purchasing the 30usd strike price calls with
an expiration date of 2023-12-29,
for a premium of approximately $3.25.
If these options prove to be profitable prior to the earnings...
This is one to watch IMO
target is 50$ we are on trend support now. a longer term hold but looks to be a for sure 100%
the question is just how long till then
Price played out nicely as my last analysis, mitigating the bullish OB at 23.82 and respected it. This move gave us an upside move of +36.55% while filling the FVG at 29.55. Right now, I'm expecting price to make a bearish retracement from here, and potentially taking out the equal lows at 23.31.
The technology industry was thrown into turmoil over the weekend after OpenAI fired CEO Sam Altman and staff threatened to quit. At the end of the day, Altman announced he would be joining Microsoft and most of OpenAI's staff has threatened to quit.
One of the beneficiaries today is C3.ai (AI 1.11%), which has seen its stock rise as much as 8.2%. Shares are up...
In the current market and based on C3 AI being in a uptrend. We have found support like many other stocks at the 50 week moving average continuing the bullish trend on many stocks. Now I have high hopes based on the previous swing we had that this swing will duplicate that move and if so we will reach $56 in the next coming weeks. Now this is important because I...
My thoughts on C3 AI is that we are in for a correction soon to the upside. We have been in a sideways market for a few weeks and I strongly believe the break further to the downside would have happen already. But due to interest rates staying the same and next year being the ultimate interest rate cut year there is a lot of upside for the whole stock market not...
Significant Support Levels: AI stock is currently interacting with a pivotal support zone, marked by repeated tests throughout the year. The ongoing fourth retest underscores the crucial nature of this level and implies a powerful corrective force in play.
Fibonacci Confluence: This support aligns seamlessly with the Fibonacci retracement level at $23.60,...
Studying charts and fundamentals over in the past. I've seen this before. Post IPO drop and 1 pump then to zero. The company hasn't posted a profit yet. Revenue hasn't broken 100 million. In an industry such as AI and companies with billions in competitive advantage. It's looking like C3 ai days as a publicly traded company are coming to an end. As well as one of...
Just looking at ai for the first time in weeks and it's trading as expected. May even hit $19.00 because as at Friday the 50 and 200 day EMA's have converged and if the 50 completes a bearish cross of the 200 my target is highly likely though it could have a small bounce at $21.00 The MFI is showing Neutral and the TSI remains weak. As well since September 7th...
In my opinion there is an important weekly support at 20.30 maybe we're going to retest it, And in the same time I see Anti-Alternate Shark harmonic pattern is going to be valid in the same point. So that going to be my entry point for call, and we can update after we reach that level and the pattern is valid.
AI is conveying a shifting price on the daily data and an apparent accumulation has been spotted at the current levels.
Expect some bounce from here on.
SPOTTED at 17.00
TAYOR.
safeguard capital, always.
Price played out exactly as my last analysis, giving us a 16.55% move to the downside, mitigating the bullish OB. As the reaction to the upside is small, I'd expect a further mitigation into the bullish OB.
C3.AI (AI) has been trading within a Channel Up pattern since the December 28 2022 market bottom. The previous Higher Low was priced while it was testing (and holding) the 1D MA200 (orange trend-line). This is the exact situation we have now, with the stoch trading at the bottom (Higher Lows trend-line) of the pattern, holding the 1D MA200 as Support. At the same...
