AINC trade ideas
AI (C3 AI inc) bullish caseAI chart looks good long term.Stock is at 69.95 and plenty of room above with lots of gaps to fill. Broke downtrend and all technicals pointing up (bullish divergence on the daily chart, MacD cross over +, stochastic bottomed late March and creating higher lows, vol osc has been going up since late March)
$AI Set To SoarC3 AI is a leading enterprise AI software provider for accelerating digital transformation. The proven C3 AI Suite provides comprehensive services to build enterprise-scale AI applications more efficiently and cost-effectively than alternative approaches. The C3 AI Suite supports the value chain in any industry with prebuilt, configurable, high-value AI applications for predictive maintenance, fraud detection, sensor network health, supply network optimization, energy management, anti-money laundering, and customer engagement. This company could easily be breaking ATH's in less than a year. Outstanding long-term play. Good Luck!
Bottom FishingIf D is D hten AI has possibly bottomed. Possible double bottom if no more bottoms are in the cards for AI. Hard one because unless this is the bottom, then there is no history underneath. Feels like grasping at straws and looking for a bottom. I just think this is worth a bit more than this. But that is my opinion and we all have one.
Appears to have been a butterfly pattern although D overshot the 1.27 by a couple of dollars.
One thing I have learned about Mr Market, he does not always stick to rules like we have to do!
Not a recommendataion.
Harmonic patterns often appear as double tops. And they are as it is best to get out at that second top because the last leg can take you to a dark place )o:
Negative volume has not kicked in on daily. On lower time frames NV is high.
Miami Vice homicide investigationthis thing has been absolutely murdered. finally showing a double bottom, albeit this could also jerk to $10 so who the f knows. My $100 July 16 calls weren't cheap, still holding onto them, I think software services oddly get a bid while the S&P pukes its brains out later this month. PT $120 but I'll gladly sell my shares @ ~$98 fib resistance. Make sure ice runs through your veins like Crocket & Tubbs if you're going to roll deep with the software & cloud names right now.
C3---> an offer you cant refuseC3 a new IPO. Regarding its fundamentals i am not sure but one thing i know there is good divergence in 2 hous charts and volume has been decreasing day by day. this indicates that reversal and bullish moves are coming soon. I believe that this is a very good entry point. C3 is ready to run >also the major resistance is around 90 so there is lots of room to run. It is a offer you cant refuse
Best strategy would be a put credit spread
Ideas are for education and entertainment, not a trading advice